6Council to provide accommodation in the new market

6 Council to provide accommodation in the new market

6 Council to provide accommodation in the new market

(1) Subject to subsection two of this section, upon application by a wholesaler before the day that is three months after the appointed day, the Council shall, under the Principal Act, make available within the new market for the use by that wholesaler, during the prescribed period, accommodation:

(a) equivalent in area to the area that, immediately before the appointed day, was occupied by the wholesaler in the market situated at Steel Street and King Street, Newcastle, or

(b) where the wholesaler and the Council agree, larger or smaller in area than the area so occupied.

(2) If:

(a) within three months after:

(i) the appointed day, or

(ii) the submission to him by the Council of an agreement for the use by him of accommodation in the new market,

whichever is the later, a wholesaler has not entered into an agreement with the Council for the use by him of accommodation in the new market, or

(b) an agreement between a wholesaler and the Council relating to the use by that wholesaler of accommodation in the new market is terminated for any reason and a new agreement with the wholesaler does not thereupon take effect,

the Council may exercise in respect of that accommodation all the powers conferred upon it by Part 20 of the Principal Act.