Mr. Butcher, I'm going to ask you some questions. You've been sitting there so patiently on video. I don't want you falling asleep or dozing off.
We had a discussion a couple of days ago. An issue of Westminster-style democracies, like New Zealand, Australia, the U.K., came up. It was the issue of policy and regulation versus legislation, particularly around the point of the mandatory nature of the rules moving forward.
We had a little bit of back and forth on New Zealand, but I got some clarity on that. Theirs is actually policy-based. It's not in legislation. I want to explore the U.K., where you're sitting now, and get a sense from you about what the design looks like there. We're interested in what other jurisdictions are doing on this point.