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Proceeding contribution from Lord Tunnicliffe (Labour) in the House of Lords on Wednesday, 16 March 2011. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill.


Postal Services Bill

Clause 3: Employee share scheme Amendment 18 18: Clause 3, page 2, line 23, leave out from ““reduced”” to end of line 33 and insert ““from 100%, the proportion of the company owned by or on behalf of the employee share scheme shall be at least 20% of the proportion of the company that is not owned by the Crown. ( ) The arrangements must ensure that an equal dividend is paid from earnings to all participants in the trust.””


Secondary information

Type
Proceeding contribution
Reference
726 c241 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Access Disadvantaged Assets Bank services Closures Banks Credit unions Cooperatives Industrial democracy Privatisation Opening hours Post offices Profit sharing Postal services Post Office Small businesses Rural areas Royal Mail Universal service obligation
Legislation
Postal Services Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk