Prices and Incomes Act 1966
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.
| Act of Parliament | |
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| Long title | An 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. |
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| Citation | 1966 c. 33 |
| Dates | |
| Royal assent | 12 August 1966 |
| Other legislation | |
| Repealed by | Housing (Consequential Provisions) Act 1985 |
Status: Repealed | |
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