1.1 On the Audit Committee a) The Audit Committee has not fulfilled its responsibilities for the year as set out in Section 77 of the Public Finance Management Act (No.1 of 1999) and Section 3.1.10. of the Treasury Regulations. b) The internal audit unit did not fulfill its responsibilities for the year as set out in the Treasury Regulations number 3.2. c) There were significant deficiencies in the design and implementation of internal control and risk management.