H-5 - Hydro-Québec Act

Full text
15.1. The dividends to be paid by the Company are declared once each year by the Government within thirty days after the transmission by the Company to the Government of the financial data relative to the distributable surplus. They are payable according to the terms and conditions determined by the Government. They cannot exceed, for a particular financial period, the distributable surplus as hereinafter established.
1981, c. 18, s. 3; 1999, c. 40, s. 145.
15.1. The dividends to be paid by the Corporation are declared once each year by the Government within thirty days after the transmission by the Corporation to the Government of the financial data relative to the distributable surplus. They are payable according to the terms and conditions determined by the Government. They cannot exceed, for a particular financial period, the distributable surplus as hereinafter established.
1981, c. 18, s. 3.