R-6 - Act respecting the Régie de l’électricité et du gaz

Section 26 Disposition versions

1978-10-01

26. In the case of a distributor having acquired, for the purpose of establishing his undertaking, the distribution system of manufactured gas and other assets of Hydro-Québec, with the ship-borne transport organization and that for the production of manufactured gas used to supply such distribution system, the price actually paid for such property shall be deemed to be the fair value thereof and shall form part of the investments mentioned in section 25, as well as the cost of conversion of the said system into a natural gas distribution system, including the appliances and installations placed on the property of customers.

As to the other property engaged in the undertaking, the fair value thereof shall be estimated on the basis of its replacement cost less depreciation.

R. S. 1964, c. 87, s. 26; 1977, c. 5, s. 14; 1978, c. 41, s. 28.

1977-12-31

26. In the case of a distributor having acquired, for the purpose of establishing his undertaking, the distribution system of manufactured gas and other assets of the Commission hydroélectrique du Québec, with the ship-borne transport organization and that for the production of manufactured gas used to supply such distribution system, the price actually paid for such property shall be deemed to be the fair value thereof and shall form part of the investments mentioned in section 25, as well as the cost of conversion of the said system into a natural gas distribution system, including the appliances and installations placed on the property of customers.

As to the other property engaged in the undertaking, the fair value thereof shall be estimated on the basis of its replacement cost less depreciation.

R. S. 1964, c. 87, s. 26; 1977, c. 5, s. 14.