Food Act 1984 (c. 30)

Part III E+W Markets

Modifications etc. (not altering text)

C1 Pt. III applied (30.1.2004) by Hereford Markets Act 2003 (c. iv), ss. 1, 3(2)

C2 Pt. III applied (2.10.2004) by Ipswich Market Act 2004 (c. iii), ss. 1, 6

51 Power to sell to local authority. E+W

(1) The owner of a market undertaking, or of any rights in respect of a market and of tolls, whether established under, or enjoyed by virtue of, statutory powers or not, may sell or lease to a local authority the whole or any part of his market undertaking or rights, but subject to all attached liabilities.

(2) A sale by a . . . F1 company under this section must be authorised—

(a) if the company is a company within the meaning of the Companies Act [F2 1985], [F3 by special resolution];

(b) if the company is not such a company, by a resolution passed by three-fourths in number and value of the members present, either personally or by proxy, at a meeting specially convened for the purpose with notice of the business to be transacted.

Textual Amendments

F1 Word repealed by Food Safety Act 1990 (c. 16, SIF 53:1, 2), ss. 52, 54, 59(4), Sch. 2 para. 3, Sch. 5

F2 Figure substituted by the Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 30, Sch. 2

F3 Words in s. 51(2)(a) substituted (1.10.2007) by Companies Act 2006 (Commencement No.3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194), art. 1(3)(a), Sch. 4 para. 37 (with art. 12)