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Postal Services Act 2011

Type of Bill:
Government Bill
Sponsors:
Vince Cable
Department for Business, Innovation and Skills
Baroness Wilcox
Department for Business, Innovation and Skills

Progress of the Bill

Bill started in the House of Commons

  1. House of Commons
    1. 1st reading
    2. 2nd reading
    3. Committee stage
    4. Report stage
    5. 3rd reading
  2. House of Lords
    1. 1st reading
    2. 2nd reading
    3. Committee stage
    4. Report stage
    5. 3rd reading
  3. Consideration of Amendments
  4. Royal Assent

Last event

Act of Parliament

House Act Date
Commons Postal Services Act 2011 c.5 13.06.2011

Latest news on the Postal Services Act 2011

Following agreement by both Houses on the text of the Bill it received Royal Assent on 13 June. The Bill is now an Act of Parliament (law).

Summary of the Postal Services Act 2011

The Bill's provisions are divided into four main parts.

  • Part 1 provides for the restructuring of Royal Mail, including the introduction of private sector capital and expertise from the sale of up to 90% of Royal Mail, an employee share scheme and provisions for Post Office Ltd to continue to be owned by the Crown or a mutual ownership structure
  • Part 2 deals with the Royal Mail’s pension deficit by transferring the historic liabilities of the scheme to the Government
  • Part 3 makes provisions for the regulatory arrangements for postal services through the transfer of powers from Postcomm to Ofcom
  • Part 4 contains provisions for a “special administrative regime” should the universal postal service be at risk from the provider entering insolvency proceedings

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