2. The Committee is unclear why the legal status of the TPF has not yet been resolved. It notes that the accounting framework for TPF was finalised with the Office of the Accountant General, which it is told is tacit approval to submit TPF annual financial statements separately from the main vote account. The Department has prepared a Bill that addresses the legal status of TPF but the Committee believes that it would be preferable for the Department to redouble its efforts to engage with National Treasury to resolve whether it would be preferable to register the TPF as a trading entity. The Committee requests that the Department inform it of its progress in engaging with National Treasury on this matter within one month of this report being tabled so that, if necessary, it can intervene to facilitate the process.