“the appointed day” means such day as the statutory company may appoint for the purposes of section 3 (1) of this Act;

“the Company” means Torquay Market Company Limited;

“the market building” means the Torquay Market Building and any adjoining land held by the statutory company for the purpose of the undertaking;

“the statutory company” means the Torquay Market Company;

“the undertaking” means the undertaking of the statutory company.