Thank you, Chair. We're now going to page 85. NDP-11 is going to replace line 2 on page 85 with what you can see there, and then by adding after line 20 on the same page what you can see there. I just want to make sure I have it all. Yes.
This amendment provides for the naming of foreign principals without broadly specifying a list of countries. It can be a tool that's used sparingly, an enhanced tier that allows the option of requiring increased reporting and disclosure requirements when a mere registration is not enough to mitigate negative risks of foreign influence from hostile states. If it's used appropriately, the enhanced tier could overcome some of the problems encountered by Australia's country-agnostic version.
For example, the Australian Strategic Policy Institute has pointed out that the activities of the United Front Work Department of the Chinese Communist Party, as well as the role played by the Confucius Institutes at Australian universities, are entirely missing from the FITS registry.
Overall, I think we're respecting a country-agnostic registry but just providing a specific tier.