Bayly AndrewANDREW BAYLY (National—Hunua): Thank you. I was just ahead of the pack.CHAIRPERSON (Hon Anne Tolley): You were.ANDREW BAYLY: The amendments to the Student Loan Scheme Act set out in Part 2 are very extensive actually. I think the issue around this as I said before is really one of making sure that there's adequate flexibility for students. There's a balance here between making sure that students can and do participate in the KiwiSaver schemes and also making sure that the arrangements are fair and also when they cease to be students and move on to a period where they're full-time earning that the appropriate arrangements are in place to ensure that that is appropriately done so they make their contributions and all their student loan repayments as part of that requirement.Some of it is dealt with in Part 2. Some of it is dealt with later in further sections. But I think the important thing here is the issue around the minimum deduction which has been reduced from $1500 to $500. I think that part of it is quite an important little aspect in terms of the ability of students to be able to manage their own affairs. This relates to an issue around—originally there was a $1500 threshold. It was introduced to reflect the compliance costs associated with the requirement to file a return for student loan purposes. But part of this bill reduces that to $500.Also in new section 62A in clause 45 the commissioner may now notify employers when loan balances are close to zero. This is the other bit I was talking about in terms of making sure there's a transitional arrangement for when students have paid off their student loan and are obviously moving on in terms of their life. Previously under the arrangements we had often the employer would keep making a deduction against the person's income and in many cases this resulted in an overpayment by the employer on behalf of the student to repay their student loan. What section 62A does in particular is make sure and create the provision under hopefully the new system that's coming into place to operate in a way that they can tell the employer that it should not be making a further deduction—so in effect giving pre-notification of the amount outstanding in terms of the student loan so we get to a point where the employer is making the correct deduction at the correct time and stops thereafter.That is a very important part and I think it's one of stopping all the compliance costs. It also stops all the hassle of that person who may have overpaid to the IRD to have to go and seek a refund and all the difficulty associated with that. So I think that is very very helpful.Again it would be quite useful to hear from the Minister in terms of the operation of that—how that's going to be managed. I know we've got a big Business Transformation programme coming through and working its way through and it's assumed that the technology will give us that sort of—but it would be actually quite nice to know further details about how we are going to ensure that that is going to be carried out in a timely manner prior to the last payment and what arrangements and just any other aspects to that because I think it is a very important part especially when you get in the number of students that this will apply to.