The Intelligence Services Act 1994 placed the activities of the intelligence agencies on a legal footing for the first time, defining their purpose, and the British Parliament's Intelligence and Security Committee was given a remit to examine the expenditure, administration and policy of the three intelligence agencies. The objectives of GCHQ were defined as working as "in the interests of national security, with particular reference to the defence and foreign policies of Her Majesty's government; in the interests of the economic wellbeing of the United Kingdom; and in support of the prevention and the detection of serious crime". During the introduction of the Intelligence Agency Act in late 1993, the former Prime Minister Jim Callaghan had described GCHQ as a "full-blown bureaucracy", adding that future bodies created to provide oversight of the intelligence agencies should "investigate whether all the functions that GCHQ carries out today are still necessary."