70. The Government, the Société d’énergie de la Baie-James, Hydro-Québec, the Société de développement de la Baie-James, and their nominees and any other persons duly authorized have the right, subject to all applicable laws and regulations, to develop Category II lands. Category II lands appropriated for development purposes shall be classified as Category III lands.
The interested Cree village then has the right to a replacement of the said lands with an equal area of Category II lands in accordance with the procedure provided in section 74, to monetary compensation agreed upon between the village and the Government, or to compensation partly in one and partly in the other of these forms, if the parties agree.
1978, c. 93, s. 70; 1996, c. 2, s. 873.