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Postal Services Bill [HL]

Amendment 15 15: After Clause 9, insert the following new Clause— "Reporting provisions Report on partnership deal: achievement of objectives (1) Before issuing or disposing of any shares or rights in a Royal Mail company to a private partner, the Secretary of State shall lay before Parliament a report. (2) A report under subsection (1) must give details of— (a) the price offered by the private sector operator for a minority stake or partnership in a Royal Mail company; (b) the ability of the private sector operator to finance the investment; (c) the ability of the private sector operator to add value to Royal Mail as a whole by assisting in the transformation of Royal Mail’s letters business and the modernisation of its network; and (d) the capacity of the private sector operator to manage stakeholder issues successfully, including relations with trade unions."