Proceeding contribution from Lord Young of Norwood Green (Labour) in the House of Lords on Wednesday, 4 May 2011. It occurred during Debate on bill on Postal Services Bill.
Postal Services Bill
2: Before Clause 2, insert the following new Clause— ““Royal Mail companies to be publicly owned (1) Each Royal Mail company must at all times be publicly owned. (2) Accordingly— (a) any issue or transfer of shares in a company will have no effect if it would cause a Royal Mail company to cease to be publicly owned, and (b) any issue or transfer of share rights to a person will have no effect if the acquisition by the person of the shares to which the share rights relate would cause a Royal Mail company to cease to be publicly owned.””
Secondary information
- Type
- Proceeding contribution
- Reference
- 727 c471
- Session
- 2010-12
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disability Assets Costs Bank services Closures Capital investment Archives Pensioners Northern Ireland Privatisation Pensions Museums and galleries Public consultation Post offices Pension funds Profit sharing Postal services Postal Services Commission Post Office Scotland Small businesses Shares Reform Wales Valuation Trusts Rural areas Royal Mail Universal service obligation
- Legislation
- Postal Services Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 15:55:38 +0000
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