3Operation and regulation of markets
(1)Subject to the provisions of this Act, the markets, and all rights in relation to them which are now vested in the Council, shall continue to be vested in the Council.
(2)Part III of the Food Act 1984 (c. 30) shall apply to the markets as if the markets had been established under section 50 of that Act.
(3)Without prejudice to any other powers available to it, the Council may—
(a)maintain and hold the markets;
(b)provide, maintain, alter or improve any market facility;
(c)permit any market facility belonging to it to be used for such purposes as it sees fit;
(d)let for any period upon such terms and conditions as it determines—
(i)the markets or any part of the markets (including any market facility belonging to it); or
(ii)the right of selling or holding sales of things authorised to be sold in the markets;
(e)where such a letting is entered into, transfer to the lessee, on such terms as it sees fit, any functions of the Council or of any of its officers in relation to the markets; and
(f)enter into a composition with any person with respect to the payment of any charges which it may demand under Part III of the Food Act 1984 (c. 30).
(4)In this section, “market facility” means any market place, market house, building, land or other facility used or intended to be used for the purposes of the markets.