Thank you, Chair.
This amendment is proposed because we noticed during the clause-by-clause preparation that existing agreements may not have been captured by the registration requirements of the act. The intent was to ensure that individuals who may have had an agreement on the day that the act comes into force are required to register it within a two-month period. That's consistent with what was done in the past in, for example, the Lobbying Act.
It also avoids a situation in which individuals may seek to enter into arrangements or conclude arrangements prior to the coming into force and therefore not be required to register their agreements.