The 49th General Assembly of Prince Edward Island was in session from March 1, 1960, to November 8, 1962. The Progressive Conservative Party led by Walter Russell Shaw formed the government.
John R. MacLean was elected speaker.
There were four sessions of the 49th General Assembly:
| Session | Start | End |
|---|---|---|
| 1st | March 1, 1960 | March 29, 1960 |
| 2nd | February 9, 1961 | March 16, 1961 |
| 3rd | December 4, 1961 | December 7, 1961 |
| 4th | February 22, 1962 | April 6, 1962 |