Transport Act 1947

The Transport Act 1947 (c. 49) is an Act of the Parliament of the United Kingdom. Under it the railways, long-distance road haulage and various other types of transport were acquired by the state and handed over to a new British Transport Commission for operation. The commission was responsible to the Ministry of Transport for general transport policy, which it exercised principally through financial control of a number of executives set up to manage specified sections of the industry under schemes of delegation.

Read more about Transport Act 1947:  Overview, Road Transport, Railways, Transport Act 1962

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