In this contribution, I want to touch on one of the points in the preamble that's referenced in a very, very good submission from one Julia Durkin. I want to come back to this in later contributions, when we really get to the meat of the legislation—there's a lot in there. But I just want to head this up in the preamble, because recital (2) of the preamble—I'll read it out for the benefit of the committee—says that "Section 39 of the principal Act requires that the specified amenities prepare financial statements that contain a statement of financial position prepared in accordance with New Zealand International Financial Reporting Standards"—that's the NZ IFRS that we've been hearing about a lot over the last hour or so—"and that contain the other statements and information set out in section 39(2)(b)".