Finance and Administration Committee
The Finance and Administration Committee has representatives from all member governments, and is responsible for making recommendations on budget to Council, and approving annual audited budgets for years-ended, and providing budgets for the current and future fiscal years for Council's approval. The Committee has its own Rules of Procedure
. Presently the Chair is Einar Tallaksen (Norway) and the Vice-Chair is Ásta Einarsdottír (Iceland).