149. In a territory in which a municipality, an intermunicipal board or any other public body exercises the jurisdiction conferred on it by law as regards shared transportation, remunerated passenger transportation by automobile referred to in subparagraph 2 of the second paragraph of section 61 may be offered only if
(1) the public body has entered into an agreement with the owner of an authorized automobile or a representative of such owners or with a transportation system operator; and
(2) any automobile used to offer such transportation is an authorized automobile belonging to that owner or to the owners thus represented or is an automobile registered with that operator.
Despite any contrary provision of this Act, the fare for transportation thus offered is the fare prescribed by by-law of the public body or by the agreement referred to in subparagraph 1 of the first paragraph or the fare calculated in accordance with the rate established by the by-law or agreement.