Postal Services Bill

Clause 3: Employee share scheme Amendment 18 18: Clause 3, page 2, line 23, leave out from ““reduced”” to end of line 33 and insert ““from 100%, the proportion of the company owned by or on behalf of the employee share scheme shall be at least 20% of the proportion of the company that is not owned by the Crown. ( ) The arrangements must ensure that an equal dividend is paid from earnings to all participants in the trust.””