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Postal Services Act 2000
The Postal Services Act 2000 (c.26) is an Act of the Parliament of the United Kingdom, relating to the postal industry. It established an industry regulator, Postcomm (s.1), a consumer watchdog, Postwatch (s.2), required a "universal service" of post to be provided (ss.3-4) and set up rules for licensing postal services operators (ss.6-41). It also converted the public branch of the postal industry, the Post Office, from a statutory corporation to a public limited company, wholly owned by the government. Background Second Reading of the Bill, and debate, introduced by Secretary of State for Trade and Industry, Stephen Byers. Parliamentary Undersecretary Alan Johnson summed up the Bill before the vote. Liberalisation The Postal Services Regulations 1999SI 1999/2107 The Postal Services (EC Directive) Regulations 2002 , r.8 s.11 Allows PostComm to grant licences that would otherwise contravene s.6(1), the general prohibition on conveying a letter from one place to anot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postal Services Act 2011
The Postal Services Act 2011 is an Act of the Parliament of the United Kingdom. The Act enabled the British Government to sell shares in Royal Mail to private investors and includes the possible mutualisation of the Post Office. The Act allows private buyers to own up to 90% of Royal Mail, with Royal Mail staff being offered at least 10% of the shares of the company. It enabled the Post Office business to be separated from Royal Mail, to allow it to remain in government ownership or to be mutualised. It provided for the government to take over the assets and liabilities of the Royal Mail pension scheme, which had a considerable deficit. It allowed for the transfer of regulatory responsibility from Postcomm to the communications regulator Ofcom. The Act also wrote into law the requirement for Royal Mail to maintain a six day a week universal service. During its passage through the House of Commons, the government added an amendment to include a guarantee that a silhouette or por ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |