Proceeding contribution from Lord Whitty (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
21A: Clause 4, page 2, line 36, at end insert— ““( ) No disposal of the Crown’s interest in a Post Office company may be made before— (a) the Secretary of State commissions and publishes an independent assessment of— (i) the current financial position of that Post Office company; and (ii) the projected financial position of that Post Office company in the subsequent reporting period; and (b) the Post Office company is profitable for two successive financial years, excluding payments from government for services of general social and economic interest.””
Secondary information
- Type
- Proceeding contribution
- Reference
- 726 c264
- 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
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- Timestamp
- 2023-12-15 15:02:06 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_726563
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