Enda Kenny (Mayo, Fine Gael) | Oireachtas source

As a former Minister, the Deputy will appreciate the fact that there is a new management team for An Post. The management team has been in discussion with the Minister, Deputy Denis Naughten, about the matter. This morning, the Government approved the drafting of a Bill in respect of repealing section 30 of the Communications Regulation (Postal Services) Act. The Bill would include a commencement provision whereby it would be introduced only at an appropriate time when the Minister would be satisfied that the company was doing everything possible to take action to address its financial position. The Bill would also include an appropriate provision which would enable the Minister to reintroduce some form of pricing regulation if necessary. This would ensure the company would not have unfettered power over pricing. I will arrange for a briefing for the Members so they can understand where the Minister is coming from.

See this speech in context