Chapter III of the Economic Agreement, titled “Economic Agreement Committees and Board of Arbitration of the Economic Agreement”, lays down the regulation of the administrative organs in charge of solving any issue related to the application of the Economic Agreement, stating the set up of three different committees: the Joint Committee on the Economic Agreement, the Legal Coordination and Evaluation Committee and the Board of Arbitration of the Economic Agreement.
Due to the negotiation process which underlies in the relations deriving from the Economic Agreement, the Joint Committee and the Legal Coordination and Evaluation Committee, made up of representatives of both administrations, the State’s one and the Basque one, have an equal composition, whereas the Board of Arbitration, due to its features and competences, is made up of three members appointed by experts of renown professional prestige with broad experience in tax and finance matters.
COMMITEES AND BOARDS OF THE ECONOMIC AGREEMENT
COMMITEE |
JOINT COMMITTEE ON THE ECONOMIC AGREEMENT |
LAW COORDINATION AND EVALUATION COMMITTEE |
BOARD OF ARBITRATION OF THE ECONOMIC AGREEMENT |
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Composition |
12 members |
8 members |
3 members |
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Central State: 6 |
Basque Government: 3 Foral Deputations: 3 |
Central State: 4 |
Basque Government: 1 Foral Deputations: 3 |
Appointed by the Minister and the Counsellor among renown professional experts | |
Agreement |
Unanimity |
Majority |
Majority |
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Functions | To Agree on:
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