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  Postal Services Bill - Third Reading
  
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  The majority of MPs voted in favour of the Postal Services Bill at its third reading; approving the Bill as it stood and enabling it to continue on its path to becoming law. 
  
  Key provisions of the Bill[1]:
  
  * 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
  * Transferring the historic liabilities of the Royal Mailâs pension scheme to the Government.
  * Transferring regulatory arrangements for postal services from Postcomm to Ofcom
  * Provides for âspecial administrative regimeâ should the universal postal service be at risk from the provider entering insolvency proceedings
  
  ==
  
  * [1] [http://services.parliament.uk/bills/2010-12/postalservices.html Parliament's webpage on the Postal Services Bill (now the Postal Services Act)]
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  (put thoughts and notes for other researchers here)
  