During the passage of the current bill, the Tory opposition inserted a clause setting up an appointments commission for life peers and stipulating how it should operate.

ECONOMIST: The end of the peer show | The

But leaders resisted a second, much more ambitious move by the commission: to use the same treaty clause to create a stabilisation fund of unlimited size that it would also control, this time borrowing against loan guarantees from national governments.

ECONOMIST: Charlemagne

He represented himself, and inserted a clause in the purchase agreement that the commission would not exceed 4%.

WSJ: Dual Agency: Buyer Beware?--WSJ House Talk