21. No electricity distributor may produce, sell or distribute electricity in Québec unless he be the holder of a license in force, obtained from the Board upon payment of the required duties.
Such license shall be issued on the first of May of each year and shall expire on the thirtieth of April following, unless the Board has previously cancelled it.
Nevertheless provisional licenses, granted for periods of less than twelve months, may also be issued upon payment of the required duties.
R. S. 1964, c. 87, s. 21.