§ Mr. Arthur Lewis
asked the Chancellor of the Exchequer if he will publish details of the boards, commissions, committees 178W or other types of organisations established by his Department since October 1974, giving in each case the purpose of the organisation, the chairman's and members' salaries and expenses, and the total cost of the organisation for each year since 1974.
§ Mr. Robert Sheldon
The Property Advisory Panel was set up in November 1975to provide confidential and informal advice to the Treasury on developments in the commercial property market and their implications for the financial sector generally".
The members are unpaid. The cost of the panel is nil.
The Committee on Policy Optimisation was set up in June 1976to consider the present state of development in optimal control techniques as applied to macro-economic policy and to make recommendations concerning the feasibility and value of applying these techniques within the Treasury".
The chairman and members are unpaid. The total cost of the committee was £2,015.36 for 1976–77 and £2,585.26 for 1977–78—mainly members' travel expenses and subsistence allowances.
The Committee to Review the Functioning of Financial Institutions was set up in January 1977to enquire into the role and functioning at home and abroad of financial institutions in the United Kingdom and their value to the economy".
The chairman and members are unpaid. The total cost of the committee was £1,477.79 for 1976–77 and £41,297.93 for 1977–78, including, £883.56 and £5,214.74 respectively for members' travel expenses and subsistence allowances.