Postal Services Bill [Bill 78 of 2010-11]
This Paper has been prepared for the Second Reading debate in the House of Commons of the Postal Services Bill. The Bill has four main parts. Part 1 provides for changes to the ownership structure of Royal Mail Holdings plc and its subsidiaries (including Post Office Ltd). Part 2 provides for Royal Mail’s historic pension deficit to be transferred to government. Part 3 provides for changes in the regulatory arrangements for postal services and Part 4 provides for a “special administration regime” should there be a risk to the universal postal service from the possibility of the provider becoming insolvent.
This Paper has been prepared for the Second Reading debate in the House of Commons of the Postal Services Bill. The Bill has four main parts. Part 1 provides for changes to the ownership structure of Royal Mail Holdings plc and its subsidiaries (including Post Office Ltd). Part 2 provides for Royal Mail’s historic pension deficit to be transferred to government. Part 3 provides for changes in the regulatory arrangements for postal services and Part 4 provides for a “special administration regime” should there be a risk to the universal postal service from the possibility of the provider becoming insolvent.