The Laurence Olivier Award for Best New Play is an annual award presented by the Society of London Theatre in recognition of achievements in commercial London theatre. The awards were established as the Society of West End Theatre Awards in 1976, and renamed in 1984 in honour of English actor and director Laurence Olivier. The award was titled Play of the Year from its establishment in 1976, and was first retitled to its current name for the 2001 Olivier Awards.