Postal Services Act 2011 Explanatory Notes

Summary and background

289.Part 4 of the Act contains provisions for a special administration regime, the purpose of which is to ensure that the objective of the administrator is to secure the continued provision of the universal postal service should a privately-owned Royal Mail (or any other universal service provider) be at risk of entering insolvency proceedings.

290.This follows precedents in the water and energy sectors.

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