Postal Services Bill — New Clause 4 — Restriction on Universal Service Provider Disposals — 12 Jan 2011 at 18:00

The majority of MPs against requiring regulatory approval prior to disposals of part of a universal postal service provider's business.

For a sale to be permitted the regulator, Ofcom, would have to certify the sale does not in any way reduce the company's ability to deliver its universal service prior.

MPs were considering the Postal Services Bill^[1]. The proposed new clause rejected in this vote was:

• Any company providing a universal postal service must, prior to selling any part of its business to another entity, first report its intention to Ofcom who must certify the sale does not in any way reduce the company's ability to deliver its universal service.

==

• [1] Parliament's webpage on the Postal Services Bill (now the Postal Services Act)

Debate in Parliament | Source |