Senator IAN CAMPBELL (9:20 PM) —We will be opposing this amendment because, already under the law, the responsible entity is under an obligation to have either a board with a majority of independent directors or a compliance committee with a majority of independent members. As long as the responsible entity complies with that requirement, the law should not be overly prescriptive about the mechanisms followed to achieve that result. There can be no doubt, certainly in the government's mind, that these amendments could result in extremely long delays in changing the composition of boards or compliance committees, where that is required, or even where the relevant board member or committee member wishes to resign.