48.23. Upon making a contract, a local municipality must send a copy to the Minister and to the Commission.
When the contract provides that the remuneration of the carrier is to be based, in whole or for the greater part, on the number of passengers carried, it must indicate, on an annual basis, the number of passengers projected by the parties and contain a clause whereby the municipality undertakes to make up any insufficiency of receipts attributable to a smaller number of passengers than the number projected in the contract.