The Finance Committee in session on the 12 November, its one hundredth meeting since the beginning of CERN. The Finance Committee is an advisory committee to the CERN Council regarding CERN's financial policy. It has the exacting job of supervising CERN's finances being concerned with such things as examining budget proposals, salary structures and cost variation formulae and with approving the award of major contracts placed with industry. It exists to keep CERN on its toes in matters of finance. But CERN owes a lot to the constructive way in which the Finance Committee has always carried out its role and to the devotion to the aims of CERN which has guided its decisions.
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