Thank you, Mr. Chair. On the clause as amended, the new clause 1(2)(b) is saying that the requirements in subsection (1) can qualify if there is an existing agreement, but it also speaks to regulations.

Just for greater certainty, does the Minister envision a situation where, let's say, X mining company applies for a production licence; they meet the qualifications of the Tlicho agreement, for example; and then they go to the Minister and say, "We have this agreement. It meets the Tlicho land rights agreement." Will the Minister then say that that passes muster, "You have your benefits agreement; here is your licence"? Is that what this does now? Thank you, Mr. Chair.