The 47th General Assembly of Prince Edward Island was in session from October 23, 1951, to April 27, 1955. The Liberal Party led by John Walter Jones formed the government. Alexander Wallace Matheson replaced Jones as Premier and party leader in 1953.
Forest W. Phillips was elected speaker.
There were five sessions of the 47th General Assembly:
| Session | Start | End |
|---|---|---|
| 1st | October 23, 1951 | October 24, 1951 |
| 2nd | March 11, 1952 | April 9, 1952 |
| 3rd | March 3, 1953 | April 7, 1953 |
| 4th | March 2, 1954 | April 10, 1954 |
| 5th | February 8, 1955 | March 18, 1955 |