95. Any contract or agreement made by any person authorized by this Act to convey lands, and made before the deposit of the map or plan and book of reference, and before the setting out and ascertaining of the lands required for the railway, shall be binding at the price agreed upon for such lands, if they are afterwards so set out and ascertained within one year from the date of the contract or agreement, and although such land may, in the meantime, have become the property of a third person; and possession of the land may be taken by the company and the agreement and price may be dealt with, as if such price had been fixed by an award of the Expropriation Division of the Court of Québec upon expropriation proceedings, and the agreement shall be in the place of such an award.
R. S. 1964, c. 290, s. 95; 1973, c. 38, s. 119; 1986, c. 61, s. 66; 1988, c. 21, s. 66.