The Committee recommends that the Accounting Authority ensures that: a) The entity adheres to the applicable laws and regulations, including the PFMA, Treasury Regulations, the AARTO Act and the RTMC Act. Disciplinary measures must be taken against officials who do not comply with laws and regulations. b) There is an effective audit committee that promotes independence, accountability and effective risk assessment. c) The Shareholders Committee meets at least four times a year as required by section 11(2) of the RTMC Act.