C1C2Part III Markets
Annotations:
Modifications etc. (not altering text)
C2
Pt. III applied (2.10.2004) by Ipswich Market Act 2004 (c. iii), ss. 1, 6
51 Power to sell to local authority.
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
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.
Pt. III applied (30.1.2004) by Hereford Markets Act 2003 (c. iv), ss. 1, 3(2)