Industrial Organisation and Development Act 1947

Industrial Organisation and Development Act 1947
Act of Parliament
Long titleAn Act to provide for the establishment of development councils to exercise functions for improving or developing the service rendered to the community by industries and for other purposes in relation thereto, for making funds available for certain purposes in relation to industries for which there is no development council, for the disposal of any surplus of funds levied under emergency provision for encouragement of exports, for the making of grants to bodies established for the improvement of design, and for purposes connected therewith and consequential thereon.
Citation10 & 11 Geo. 6. c. 40
Dates
Royal assent31 July 1947
Text of statute as originally enacted
Text of the Industrial Organisation and Development Act 1947 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

The Industrial Organisation and Development Act 1947 (10 & 11 Geo. 6. c. 40) enabled the creation of industrial development boards with powers to raise levies from specific industrial sectors in the United Kingdom for co-ordinated action, particularly in research, marketing and industrial re-organisation. These Boards were to report to the Board of Trade and have equal representation from trades unions and employers alongside independent experts.