Economic Affairs Committee

40.53The committee was first appointed in 2001.1 The committee's order of reference is β€˜to consider economic affairs'. It has power to appoint a sub-committee which may consider so much of the Finance Bill as relates to technical issues of administration, clarification and simplification but not the incidence or rates of tax.2 The committee has power to co-opt other Lords Members to the sub-committee.


  1. 1. LJ (2000–01) 192.
  2. 2. Procedure Committee, Fifth Report (2001–02); HL Deb (24 July 2002) 638, cc 373–508; ibid (2 November 2002) 641, c 378.