R-6 - Act respecting the Régie de l’électricité et du gaz

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17. No contract or agreement between a distributor and any municipal corporation, for the sale of electricity, may be made for a period exceeding five years.
The duration of any contract or agreement contemplated in the first paragraph exceeding such period is reduced to five years.
Nevertheless the Board, upon such conditions as it may determine and whenever it considers it equitable and in the public interest, may authorize, upon the application of a municipal corporation, the making of such a contract for a longer period but not for more than ten years. It may also, for the same reasons and upon such conditions as it may fix, allow, upon the application of a municipal corporation, a contract of five years’ duration or less to be extended for an additional period of not more than five years, but at rates which must not exceed those of the contract extended.
R. S. 1964, c. 87, s. 17.