Treasury & financeAgency
Petroleum Products Pricing Authority
PPPA
1981 – 19 March 1984
Authority that inquired into and set maximum wholesale prices for petroleum products such as petrol and diesel.
How it came into existence
Created in 1981 under the Petroleum Products Pricing Act 1981 when the Prices Justification Tribunal was abolished, continuing that tribunal's oversight of petroleum prices.
- Oversight of petroleum product prices
Legislation: Petroleum Products Pricing Act 1981
How it ended
Abolished on 19 March 1984, when section 47 of the Prices Surveillance Act 1983 repealed the Petroleum Products Pricing Act 1981; the new Prices Surveillance Authority took over surveillance of petroleum product prices.
- Petroleum product price surveillance
Main functions
- Setting maximum wholesale prices for petroleum products
- Inquiries into oil company pricing
Where it sits
Last in the portfolio of Department of the Treasury.
Lineage
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Sources
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.