13A: Clause 2, page 2, line 3, at end insert—
““(3A) In the event that a sale is made by an initial public offering, a relevant disposal may only take place if the conditions in subsections (3B) and (3C) are met.
(3B) Shares representing no more than 30% of the value of a Royal Mail company may be disposed of before 31 July 2012.
(3C) No other shares shall be disposed of before 31 July 2013.””
Postal Services Bill
Proceeding contribution from
Lord Lea of Crondall
(Labour)
in the House of Lords on Monday, 14 March 2011.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Postal Services Bill.
About this proceeding contribution
Reference
726 c98 Session
2010-12Chamber / Committee
House of Lords chamberSubjects
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2023-12-15 15:22:36 +0000
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