Thanks, Chair.
I will preface my comment by saying that we all want public policy that provides clarity and does not introduce ambiguity. This is simply a technical amendment that I think will help to achieve objectives that we all share around the table here for clarity and for the effectiveness of the bill.
It removes some confusion about which types of deals would be subject to section 15. We know they are the kinds of deals covered in paragraphs 11(a) and 11(b) that are subject to section 15, but as currently written they could be contested by an investor. We want to clarify that section 15 does clearly apply to paragraphs 11(a) and 11(b).
With that, I would invite Mr. Schaan to shed a little more light on that.