Interim Action Committee on the Film Industry

British prime minister Harold Wilson set up a working party in August 1975 to report on 'the requirements of a viable and prosperous British film industry over the next decade'. Chaired by John Terry, the managing director of the National Film Finance Corporation (NFFC), it reported in January 1976, principally recommending the establishment of a British Film Authority to bring together the NFFC, British Film Fund Agency and the film activities of the Department of Education and Science and the Department of Trade. However, before action could be taken, Wilson resigned as prime minister. His successor, James Callaghan appointed an Interim Action Committee on the Film Industry (IAC), with Wilson as chairman, with a view to paving the way for a British Film Authority.