required to retain the universal service of collection and delivery of mail six days a week at affordable prices. Royal Mail staff are to be offered the remaining 10% shares with the Government to take on the group's pension liabilities. The changes were enabled by the Postal Services Act 2011. As part of the plans, the roles fulfilled by Postcomm were absorbed into the communications regulator Ofcom from 1 October 2011.

Statutory basis

The authority

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