C-14 - Railway Act

Section 184 Disposition versions

1994-01-01

184. The costs of sequestration and for the running, operating and working of the road, of the maintenance of the road and rolling-stock in good order, and of the renewal of any part thereof that may have become deteriorated or disabled, shall be taken out of, and shall constitute the first charge upon, its earnings, and shall be paid by the sequestrator, under the direction of the Minister of Transport. If such earnings are insufficient, the Government may, on a report of the Minister of Transport, temporarily advance the necessary sum required, out of the consolidated revenue fund of Québec, and, for such advance, Québec shall have a legal hypothec on the railway and its rolling-stock and materials, and may retain the amount thereof out of any subsidy that may become due to the company owning or controlling such railway.

R. S. 1964, c. 290, s. 201; 1972, c. 55, s. 115; 1992, c. 57, s. 466.

1977-12-31

184. The costs of sequestration and for the running, operating and working of the road, of the maintenance of the road and rolling-stock in good order, and of the renewal of any part thereof that may have become deteriorated or disabled, shall be taken out of, and shall constitute the first charge upon, its earnings, and shall be paid by the sequestrator, under the direction of the Minister of Transport. If such earnings are insufficient, the Government may, on a report of the Minister of Transport, temporarily advance the necessary sum required, out of the consolidated revenue fund of Québec, and, for such advance, Québec shall have a privileged claim against the railway and its rolling-stock and materials, and may retain the amount thereof out of any subsidy that may become due to the company owning or controlling such railway.

R. S. 1964, c. 290, s. 201; 1972, c. 55, s. 115.