Bill PR39 explained in plain English
Faradale Farms Ltd. Act, 2011
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 39th Parliament, 2nd Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.
Our plain-language take, written for civic education.
Source: By PoliticalData.ca
This private bill revives Faradale Farms Ltd., restoring it to its legal status as if it had never been dissolved, subject to third-party rights acquired since its dissolution.
This private bill, the Faradale Farms Ltd. Act, 2011, aims to revive a corporation named Faradale Farms Ltd. The corporation was dissolved on February 12, 1990, due to a default under the Corporations Tax Act for failing to file corporate tax returns. The applicant, a shareholder, states this default was inadvertent because the business was being carried on by individuals, not the corporation. The bill, if passed, would restore Faradale Farms Ltd. to its legal position as if it had never been dissolved, including its property, rights, and liabilities, subject to any rights acquired by others after its dissolution. The Act comes into force on the day it receives Royal Assent.
- Revives Faradale Farms Ltd.
- Restores Faradale Farms Ltd. to its legal position as of the date of its dissolution.
- Restores all property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts of Faradale Farms Ltd. as of the date of its dissolution.
- Makes the revival subject to any rights acquired by any person after the dissolution of Faradale Farms Ltd.
- Fara dale Farms Ltd.
- Shareholders of Fara dale Farms Ltd.
- Individuals or entities who acquired rights related to Fara dale Farms Ltd. after its dissolution.
- Fara dale Farms Ltd. is restored to its legal position, including all its property, rights, privileges, and franchises.
- Fara dale Farms Ltd. is subject to all its liabilities, contracts, disabilities, and debts.
- The revival is subject to any rights acquired by any person after the dissolution of Fara dale Farms Ltd.
- The Act comes into force on the day it receives Royal Assent.
- Fara dale Farms Ltd. was dissolved on February 12, 1990.
- The dissolution of Fara dale Farms Ltd. was due to a default under the Corporations Tax Act for failure to prepare and file corporate tax returns.
- Upon revival, Fara dale Farms Ltd. is subject to its previous liabilities and debts.
- The Act does not specify the exact nature or extent of the 'rights acquired by any person after its dissolution' that could affect the revival.
- The specific reasons for the 'inadvertent' default are not detailed beyond the failure to file corporate tax returns.
The corporation is revived and restored to its legal position, including property, rights, and liabilities, as if it had not been dissolved, provided no new rights were acquired by others after its dissolution.
Source: Section 1
This Act comes into force on the day it receives Royal Assent.
Source: Section 2
Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.
Official textProcess Snapshot
Vote Summary
This bill is still active. We only show vote counts after the legislature publishes a recorded division.
No published representative vote breakdown
This bill is still moving through the process. When a recorded division is published, representative positions can be listed here.
Official sources
Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.
How this data is sourced