Postal Services Act 2011
Act of ParliamentThis bill passed all stages in both Houses and received Royal Assent.
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Long title
Make provision for the restructuring of the Royal Mail group and about the Royal Mail Pension Plan; to make new provision about the regulation of postal services, including provision for a special administration regime; and for connected purposes.
Summary
<p>The Bill's provisions are divided into four main parts.</p><ul><li>Part 1 provides for the restructuring of Royal Mail, including the introduction of private sector capital and expertise from the sale of up to 90% of Royal Mail, an employee share scheme and provisions for Post Office Ltd to continue to be owned by the Crown or a mutual ownership structure </li><li>Part 2 deals with the Royal Mail’s pension deficit by transferring the historic liabilities of the scheme to the Government</li><li>Part 3 makes provisions for the regulatory arrangements for postal services through the transfer of powers from Postcomm to Ofcom</li><li>Part 4 contains provisions for a “special administrative regime” should the universal postal service be at risk from the provider entering insolvency proceedings</li></ul>
Progress through Parliament
- 1st reading· Commons
13 October 2010 – 13 October 2010
- 2nd reading· Commons
27 October 2010 – 27 October 2010
- Programme motion· Commons
27 October 2010 – 27 October 2010
- Money resolution· Commons
27 October 2010 – 27 October 2010
- Committee stage· Commons
9 November 2010 – 9 December 2010
- Report stage· Commons
12 January 2011 – 12 January 2011
- 3rd reading· Commons
12 January 2011 – 12 January 2011
- 1st reading· Lords
13 January 2011 – 13 January 2011
- 2nd reading· Lords
16 February 2011 – 16 February 2011
- Committee stage· Lords
8 March 2011 – 6 April 2011
- Report stage· Lords
4 May 2011 – 17 May 2011
- 3rd reading· Lords
24 May 2011 – 24 May 2011
- Consideration of Lords amendments· Commons
9 June 2011 – 9 June 2011
- Royal Assent· Unassigned
13 June 2011 – 13 June 2011
Source: UK Parliament Bills API. Bill ID: 765.