32. The Minister of Natural Resources and Wildlife or the Minister of Sustainable Development, Environment and Parks, each according to his competence, may, with the authorization of the Government and on the conditions it may fix, place at the disposal of the Company, for purposes of development, any immovables or water powers forming part of the domain of the State and required for the objects of the Company.
As of 1 January 2007 the Company shall pay a charge into the Generations Fund, in the manner described in section 69.3 of the Watercourses Act (chapter R-13), for the water power it develops.
The rate of the charge is $0.625 per 1,000 kilowatt-hours computed on 1 January 2006 and shall be adjusted on 1 January each year according to the percentage of increase, in relation to the preceding year, in the Consumer Price Index for Canada, as published by Statistics Canada under the Statistics Act (Revised Statutes of Canada, 1985, chapter S-19). For that purpose, the Consumer Price Index for a year is the average monthly index for the 12 months ending on 30 September of the preceding year.
If an annual average or the percentage computed under the third paragraph, or the rate of the charge so adjusted, has more than two decimals, it is rounded off to the second decimal place. If the third decimal digit is equal to or greater than 5, the second decimal digit is rounded up.
The Minister of Natural Resources and Wildlife shall publish, in the Gazette officielle du Québec, the rate of the charges so adjusted.
R. S. 1964, c. 86, s. 32; 1973, c. 19, s. 6; 1978, c. 41, s. 1; 1979, c. 81, s. 23; 1983, c. 15, s. 21; 1994, c. 13, s. 15; 1994, c. 17, s. 75; 1999, c. 40, s. 145; 1999, c. 36, s. 158; 2003, c. 8, s. 6; 2006, c. 3, s. 35; 2006, c. 24, s. 16.
For 2015, the Company shall pay an additional charge of $0.732 per 1,000 kilowatt-hours of gross energy generated. (2014) 146 G.O. 1, 1155.