Canada Transportation Act

Version of section 90 from 2003-01-01 to 2016-06-17:

Marginal note:Certificate required
  •  (1) No person shall construct or operate a railway without a certificate of fitness.

  • Marginal note:Exception — purchaser of railway

    (2) Subsection (1) does not apply to a purchaser of a railway, or a portion of a railway, for a period of sixty days after the purchase if the railway or portion is purchased

    • (a) under a trust deed or mortgage;

    • (b) at the instance of the holders of a mortgage, bond or debenture for the payment of which a charge has been created on the railway or portion; or

    • (c) under any other lawful proceeding.

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