A statue of Newtown born social reformer Robert Owen could be made a 'listed building' along with the boundary wall of the Memorial Garden it sits in.
CADW, the Welsh Government agency responsible for historic buildings, is proposing to list the statue and wall because of its historic interest.
The organisation has contacted Newtown Town Council as part of a consultation into the plans.
The letter states: "Cadw is proposing to add the Robert Owen Statue and Memorial Garden Boundary Wall, Newtown to the List of buildings of special interest."
Robert Owen was a textile manufacturer as well as a social reformer who helped establish the co-operative movement. He was born in Newtown just over 250 years ago and died here before being buried in St Mary's Church graveyard.
The statue was completed in 1956 after being commissioned after a fund was set up for it with money provided by the Cooperative Movement.
The town council will discuss the matter on Monday.