The IMMB's Articles of Association were approved by the Full City Council in December 2005 and establish its character as an autonomous body responsible to the Barcelona City Council Chief Executive's Office but with the autonomy to manage and take administrative actions in accordance with its administrative powers, as recognised by the aforementioned Articles.

They also set out the IMMB's functions, regulate its organisation and the way its governing bodies work, and establish its heritage, economic, financial and personnel systems.

Finally they cover the powers of control Barcelona City Council exercises over the IMMB in matters such as opening and closing markets or approving market regulations.

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