4. The Minister for Public Enterprises, Mr Alec Erwin, stressed that he agrees with the amendments proposed but explained that it would be more appropriate to provide for them in the forthcoming Shareholder Management Bill. A key reason for this is that the provisions that the Committee wants in regards to SAA apply to state-owned entities generally. In a letter to the Committee, the Minister said "....with respect to the recommendation to involve Parliament in the decision to convert SAA into a public company, the Department is in the process of drafting legislation to regulate State-Owned Enterprises (SOE) such as SAA. This SOE legislation will facilitate a role for Parliament in the formation and change in status of any SOE. I believe this will accommodate the important point made by the Committee that if an enterprise is strategic enough that we bring the matter to Parliament, then surely Parliament should have some role if that status is changed. Our intention is to bring this piece of legislation to the Committee in the second half of this year." Of course, the "recommendation" the Minister refers to is a proposed "amendment" - but the Committee recognises the value of what the Minister proposes and accepts it. However, consistent with paragraph 2 and what is set out in this paragraph, we have effected the Preamble referred to above.