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Source:
www.mica.gov.sg |
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Mica Launches Public
Consultation On Draft Postal Services (Amendment) Bill |
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The Ministry of Information, Communications
& the Arts (MICA) is embarking on a public consultation to seek feedback
from the industry and members of the public on the draft Postal Services
(Amendment) Bill, which will effect amendments to the existing Postal
Services Act |
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The Postal Services will be fully
liberalised when Singapore Post Ltd (SingPost)¨s monopoly license for
Basic Mail Services expires on 31 March 2007 . The Postal Services
(Amendment) Bill will provide the legislative framework for liberalising
Basic Mail Services. |
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MICA and the Infocomm Development
Authority (IDA) are working together to develop updated
legislative and regulatory frameworks for the postal services
sector. |
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MICA will take into account the
comments provided during this public consultation when finalising
the draft Postal Services (Amendment) Bill in preparation for its
consideration in Parliament. |
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The revised legislative and regulatory
frameworks for this sector are expected to be fully implemented
within this year. Upon implementation of this revised regime,
interested industry players will be able to apply for licenses to
operate in the basic mail services market. |
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In the upcoming weeks, IDA will also
be conducting public consultations on the rest of the legislative
and regulatory frameworks for the postal services sector, such as
the Postal Services Regulation and the Postal Competition Code. |
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More details regarding submissions for
this Public Consultation can be found at
www.mica.gov.sg. This Public
Consultation will close at noon on 9 April 2007 . |
MINISTRY OF INFORMATION,
COMMUNICATIONS AND THE ARTS
23 March 2007 |
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Source:
www.mica.gov.sg Press Release
23 Mar 2007 |
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Related Article: |
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-
Singapore's postal sector to be fully liberalised from
1 April 2007 |
Public consultation on draft Postal
Services (Amendment) Bill
