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.

Prices and Incomes Act 1966

Act of Parliament
Parliament of the United Kingdom
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.
Citation	1966 c. 33
Dates
Royal assent	12 August 1966
Other legislation
Repealed by	Housing (Consequential Provisions) Act 1985
Status: Repealed

See also

• UK labour law
• National Board for Prices and Incomes