The Cotton Industry Act 1959 (7 & 8 Eliz. 2. c. 48) was an act of the Parliament of the United Kingdom that aimed to reorganise the Lancashire cotton industry to prevent its further decline. It provided for grants to replace equipment. The reorganisation process was voluntary in large part to be managed by the Cotton Board.Cotton Industry Bill, second reading HC Deb 4 June 1959 vol 606 cc376-494
It was the last major legislative intervention, following other attempts to help rationalise and modernise the industry including the Cotton Spinning Industry Act 1936 (26 Geo. 5 & 1 Edw. 8. c. 21) and the Cotton Industry (Reorganisation) Act 1939 (2 & 3 Geo. 6. c. 54).
Implementation of the act ran into considerable trouble as demand for cotton collapsed.
Subsequent developments The whole act was repealed by section 1(1) of, and part XIX of schedule 1 to, the Statute Law (Repeals) Act 1977, which came into force on 16 June 1977.
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