The management of Jubilee Pool in Penzance has been transferred from Cornwall Council to what's being called a "community benefit society".

Andrew Segal Copyright: Andrew Segal

The Friends of Jubilee Pool welcomed the move, saying the new society would operate it "on the community's behalf and ensure it is an affordable amenity for one and all".

Although the society will include a representative from Cornwall Council and Penzance Town Council on its governing board, it is not certain what the town council's full involvement will be in terms of funding or management.

It was reported in January that the town council was increasing its council tax precept by almost 50% to fund the pool, as well as public toilets, parks and public spaces.

Nigel Pengelly, vice chairman of the finance committee for Penzance Town Council, said the authority wished the pool "every success in the future and it's good to secure such an iconic building in Penzance for future generations to come".

The Friends of Jubilee Pool said the council was expected to handle funding raised through council tax, but that the pool also had the potential to finance itself.