H-5 - Hydro-Québec Act

Full text
52. Out of the fund so constituted, the Company shall:
(a)  continue to pay the retirement pensions granted by Montreal Light, Heat & Power Consolidated before 15 April 1944 or by the Company after such date in virtue of article 17 of the by-laws of the said company;
(b)  pay the pensions and benefits payable under the retirement plan of a company or electricity cooperative respecting which it has made an agreement for the handing over of the fund of such plan;
(c)  pay the pensions and benefits payable under by-law number 12 or a new by-law.
1965 (1st sess.), c. 33, s. 3; 1978, c. 41, s. 1; 1999, c. 40, s. 145.
52. Out of the fund so constituted, the Corporation shall:
(a)  continue to pay the retirement pensions granted by Montreal Light, Heat & Power Consolidated before the 15th of April 1944 or by the Corporation after such date in virtue of article 17 of the by-laws of the said company;
(b)  pay the pensions and benefits payable under the retirement plan of a company or electricity cooperative respecting which it has made an agreement for the handing over of the fund of such plan;
(c)  pay the pensions and benefits payable under by-law number 12 or a new by-law.
1965 (1st sess.), c. 33, s. 3; 1978, c. 41, s. 1.
52. Out of the fund so constituted, the Commission shall:
(a)  continue to pay the retirement pensions granted by Montreal Light, Heat & Power Consolidated before the 15th of April 1944 or by the Commission after such date in virtue of article 17 of the by-laws of the said company;
(b)  pay the pensions and benefits payable under the retirement plan of a company or electricity cooperative respecting which it has made an agreement for the handing over of the fund of such plan;
(c)  pay the pensions and benefits payable under by-law number 12 or a new by-law.
1965 (1st sess.), c. 33, s. 3.