236. The objects of the Commission shall be to organize, possess, develop and administer, within its territory, a general network for public transport on, above or beneath the surface of the ground.
The Commission has competence over the territory of the municipalities mentioned in Schedule B, which constitutes its territory; it has competence also to operate outside its territory any public transport system, franchise and permit included in or held by a public transport undertaking whose assets or capital stock it has acquired.
Notwithstanding any contrary provision in this act, the Act respecting municipal and intermunicipal transit corporations (chapter C-70), applies to any part of a public transport undertaking operated by the Commission outside the territory of the municipalities mentioned in Schedule B.
Within three months after the establishment of a municipal or intermunicipal transit corporation, the Commission must transfer to that corporation the parts of permits relating to the territory of the corporation.
The indemnity for the transfer of such parts of permits is fixed by the Expropriation Tribunal on the basis of the price the Commission paid to acquire them.
1969, c. 84, s. 269; 1978, c. 104, s. 2.