2.1.3 Legal and Governance The programme achieved the following: . Risk management practices at both operational and shareholder level have been consolidated and a Governance and Risk Forum to harmonise governance and risk management across all SOCs has been established; . Standard template for memorandum of incorporation developed and presented to SOCs; . Approach to the winding up process for Aventura was reviewed and approved, the Department had the 2010/11 AFS audited, and secured the Master of the Court directive on the provision of security requirements (subsequently the SOC passed a resolution to liquidate the company at its AGM in May 2012).