Municipal markets and slaughterhouses.

(2) Subject to such directions as the Municipality may give in this behalf, the Chief Municipal Officer or any agency, as the case may be, may, by a notice, in writing, close any municipal market or slaughterhouse or stockyard or any portion thereof, on and from such date as may be specified in the notice, and, thereupon, the premises occupied for any municipal market, slaughterhouse, or stockyard, or any portion thereof, so closed, may be disposed of as the property of the Municipality.