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Gas, Water And Electricity Companies Act.

Country/Territory
Canada
Territorial subdivision
Québec
Document type
Legislation
Date
1964 (2019)
Source
FAO, FAOLEX
Subject
Energy, Water
Keyword
Business/industry/corporations Natural gas Water supply Waterworks
Geographical area
Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic
Abstract

The word “company”, wherever it occurs in this Act, shall mean a joint stock company constituted by registration under the provisions thereof. Nothing in this Act shall authorize any company established under it, to interfere with or infringe upon any exclusive privilege granted to any other company. Any five or more persons who desire to form a company for supplying the territory of a local municipality with gas or water, or with both gas and water, may make and sign a memorandum in writing, which shall set forth: (1) the name and the address of the head office of the company; (2) the object for which the same is formed; (3) the amount of capital stock of the company, which shall be divided into shares of $20 each. Any company constituted under this Act may purchase and hold lands for the use of the said gas-works or waterworks, or gas and waterworks, and such land held by any such company shall be held for the purposes for which the company is constituted, in constructing its necessary works and for no other purpose, and shall not at any time exceed in value $30,000.

Full text
English
Website
legisquebec.gouv.qc.ca