Prices and Incomes Act 1966

Prices and Incomes Act 1966
Act of Parliament
Parliament of the United Kingdom
Long titleAn Act to establish a National Board for Prices and Incomes, and authorise the bringing into force of provisions requiring notice of price increases, pay increases and other matters, and for enforcing a temporary standstill in prices or charges or terms and conditions of employment; in connection with recommendations made by the said Board, to amend the Restrictive Trade Practices Act 1956; to provide, for a period lasting not more than twelve months, for restricting price increases and pay increases and for other matters connected with prices and incomes; and for connected purposes.
Citation1966 c. 33
Dates
Royal assent12 August 1966
Other legislation
Repealed by
Status: Repealed

The Prices and Incomes Act 1966 (c. 33) was a United Kingdom act of Parliament, affecting UK labour law, regarding wage levels and price policies. It allowed the government to begin a process to scrutinise rising levels of wages (at around 8 per cent per annum at that time) by initiating reports, and inquiries, and ultimately giving orders for a standstill. The objective was to control inflation. It proved unpopular after the 1960s.

See also