We have a response, because we thought that was coming.
What we are suggesting is not clause 10. We're going to be suggesting we defeat clause 10 and amend clause 11. I've given you some new paper on clause 11, which is with respect to the SEMA. Instead of being this way, it would read, “This Act may be cited as the Global Sanctions and Special Economic Measures Act (Sergei Magnitsky Law No. 2)”.
We're trying to do both of these things. We're going to end up—and I will just give you advance notice—with three Sergei Magnitsky laws. We have the existing one that we call the Magnitsky law, which will retain its short name afterwards. SEMA will add “Sergei Magnitsky Law No. 2”, and this law, once passed, will be called “Sergei Magnitsky law no. 3”, which enacts changes to others. There will then be three Sergei Magnitsky laws, including the original one—the victims law—and SEMA, which will be renamed with a short title of the “Global Sanctions and Special Economic Measures Act (Sergei Magnitsky Law No. 2)”.
I will tell you that's partly financial. We looked at the cost of up to $50,000 to change all of that. We thought that was not a good use of the money, but then we would also honour this private member's bill by referring to it as “Sergei Magnitsky law no. 3”. We'll get to that when we get to the preamble and the title of this act. There will be three.