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| | Thursday 18 November 2010 |
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| | [seventh and eighth sittings]
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| | Clause 2, page 1, line 16, leave out subsection (2) and insert— |
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| | | ‘(2) | A disposal of the Crown’s interest in a Royal Mail company will not be |
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| | | (a) | the Secretary of State has secured a written contract from the proposed |
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| | | purchaser that at least one representative from those directly-employed |
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| | | by Royal Mail or its successors will sit on the board of the new body; |
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| | | (b) | the Secretary of State has secured a written contract from the purchaser |
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| | | that the headquarters of the new body will be located in the United |
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| | | (c) | it has been agreed that any subsequent plans to relocate the headquarters |
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| | | of the new body will require the approval of the Secretary of State; |
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| | | (d) | a consultation exercise has been held where all those engaged in the |
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| | | provision of postal services in the UK have the opportunity to express |
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| | | their views on the proposed transfer, and the Secretary of State has |
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| | | responded formally to that consultation; |
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| | | (e) | a vote of all employees of the affected Royal Mail company has taken |
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| | | place and a minimum of 50 per cent. + 1 of the workforce have voted in |
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| | | favour of the proposed transfer; and |
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| | | (f) | the Secretary of State has presented to Parliament a bill which confers on |
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| | | the Secretary of State the power to dispose of the business and the duty |
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| | | to report to Parliament on— |
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| | | (i) | all aspects of the proposed transfer; |
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| | | (ii) | how he proposes to enshrine the universal service provision as |
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| | | laid out in section 28 of this Act in law in respect of the new |
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| | | (iii) | how much of the Royal Mail company’s modernisation budget |
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| | | has been spent at the proposed time of transfer and the value of |
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| | | the unspent budget, whilst detailing the percentage progress |
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| | | made towards existing modernisation goals.’. |
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| | Clause 2, page 1, line 16, leave out from ‘after’ to end of Clause and add |
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| | ‘identifying the preferred successful bidder, the Secretary of State must deliver an oral |
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| | statement to Parliament on the matter and lay an order on the proposed disposal which will |
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| | be subject to the super-affirmative procedure under section 18 of the Legislative and |
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| | Regulatory Reform Act 2006.’. |
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| | Clause 2, page 1, line 16, leave out from ‘after’ to end of Clause and insert |
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| | ‘identifying the preferred successful bidder, the Secretary of State must deliver an oral |
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| | statement to Parliament on the matter and lay an order on the proposed disposal which will |
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| | be subject to the affirmative resolution procedure.’. |
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| | Clause 2, page 1, line 17, leave out ‘a report’ and insert ‘a bill which empowers the |
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| | Secretary of State to dispose of the business and imposes on him the duty to report to |
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| | Clause 2, page 2, line 12, leave out ‘a’ and insert ‘the’. |
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| | Clause 2, page 2, line 13, leave out ‘a’ and insert ‘the’. |
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| | Clause 2, page 2, line 13, leave out from ‘service’ to end of Clause. |
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| | [Adjourned until Tuesday 23 November at 10.30 am |
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