R-25.02 - Act respecting the Réseau électrique métropolitain

Section 45 Disposition versions

2017-09-27

45. The Authority may, with respect to the REM, exercise the powers conferred on it by Chapters VII and VIII of the Act respecting the Autorité régionale de transport métropolitain (chapter A-33.3) as if the REM were under the responsibility of a public transit authority governed by that Act, unless the agreement entered into between the REM operator and the Authority provides otherwise.

The Authority may delegate the exercise of the powers referred to in the first paragraph, except the power to institute penal proceedings, to a person or partnership jointly designated by the Authority and the Fund or a limited partnership, where the Fund, another mandatary of the State or the Government holds 10% or more of the instruments of the partnership’s common stock and the general partner is a business corporation with respect to which the Fund, another mandatary of the State or the Government may exercise 10% or more of the voting rights conferred by shares issued by that corporation.

2017, c. 17, s. 45.