(1)Notwithstanding the repeal by section 7 (Repeals) of this Act of section 23 of the [1957 c. xxxiii.] British Transport Commission Act 1957, but subject to subsection (3) of section 3 (Power to close Portishead Docks) of this Act and the following provisions of this section, the Portishead Pier estate shall remain part of the Port of Bristol and of the Harbour of Bristol; and, subject as aforesaid, on and from the appointed day the Council shall continue to have the same functions under the Bristol Dock Acts in respect of the Portishead Pier estate as they had immediately before that day.
(2)On and from the appointed day the provisions of the [1971 c. xliii.] Bristol Corporation Act 1971 mentioned in subsection (3) below shall apply in relation to the Portishead Pier as they apply in relation to works constructed under that Act.
(3)The provisions referred to in subsection (2) above are:—
section 19 (Provision against danger to navigation);
section 20 (Abatement of works abandoned or decayed);
section 21 (Survey of tidal works);
section 22 (Permanent lights on tidal works).
(4)On and from the appointed day the Council may sell, lease or otherwise dispose of, on such terms and conditions as they think fit, the Portishead Pier, and any land on or over which it is erected or which is reasonably required in connection with the discharge of any obligation imposed by virtue of subsection (3) above, and in that event the purchaser, lessee or other transferee, as the case may be, shall have and may exercise, to the extent authorised by his conveyance, lease or instrument of transfer, all or any of the powers in respect of that pier conferred upon the Council by or under any enactment, subject to all the restrictions, liabilities and duties in respect thereof to which the Council are subject, and shall to that extent perform all the functions of the Council under such enactment.