10The Intelligence and Security Committee
(1)There shall be a Committee, to be known as the Intelligence and Security Committee and in this section referred to as “the Committee”, to examine the expenditure, administration and policy of—
(a)the Security Service;
(b)the Intelligence Service; and
(c)GCHQ.
(2)The Committee shall consist of nine members—
(a)who shall be drawn both from the members of the House of Commons and from the members of the House of Lords; and
(b)none of whom shall be a Minister of the Crown.
(3)The members of the Committee shall be appointed by the Prime Minister after consultation with the Leader of the Opposition, within the meaning of the [1975 c. 27.] Ministerial and other Salaries Act 1975; and one of those members shall be so appointed as Chairman of the Committee.
(4)Schedule 3 to this Act shall have effect with respect to the tenure of office of members of, the procedure of and other matters relating to, the Committee; and in that Schedule “the Committee” has the same meaning as in this section.
(5)The Committee shall make an annual report on the discharge of their functions to the Prime Minister and may at any time report to him on any matter relating to the discharge of those functions.
(6)The Prime Minister shall lay before each House of Parliament a copy of each annual report made by the Committee under subsection (5) above together with a statement as to whether any matter has been excluded from that copy in pursuance of subsection (7) below.
(7)If it appears to the Prime Minister, after consultation with the Committee, that the publication of any matter in a report would be prejudicial to the continued discharge of the functions of either of the Services or, as the case may be, GCHQ, the Prime Minister may exclude that matter from the copy of the report as laid before each House of Parliament.