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OntarioPassed41st Parliament, 1st Session

Bill PR17 explained in plain English

731149 Ontario Limited Act, 2015

Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
41st Parliament, 1st Session
Bill number
Bill PR17
Full title
731149 Ontario Limited Act, 2015
Current status
Passed
Latest event
Royal Assent received
Last updated
Jun 4, 2015

Official Legislative Assembly of Ontario snapshot for 41st Parliament, 1st Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.

Chamber
Legislative Assembly of Ontario
Current Stage
Royal Assent received
Latest Activity
Jun 4, 2015
Plain-language explanation
In plain English (our explanation)

Our plain-language take, written for civic education.

Source: By PoliticalData.ca

AI-assisted, reviewed before publishing
Short Version

Bill PR17, the 731149 Ontario Limited Act, 2015, revives the dissolved corporation 731149 Ontario Limited to allow it to deal with real property.

What It Means

This Act revives a company called 731149 Ontario Limited. The company was dissolved in 1994 for failing to comply with the Corporations Information Act. The Act states that the dissolution was inadvertent and that the company is being revived to deal with real property. The company is restored to its legal position as if it had not been dissolved, subject to any rights acquired by others after its dissolution and to its previous liabilities. The Act came into force on the day it received Royal Assent.

What This Bill Does
  • Revives 731149 Ontario Limited.
  • Restores 731149 Ontario Limited to its legal position as of the date of its dissolution, subject to certain conditions.
  • States that the Act comes into force on the day it receives Royal Assent.
Who Is Affected
  • 731149 Ontario Limited
  • Allan Gordon (shareholder and applicant)
  • The public, in relation to any rights acquired after the dissolution of 731149 Ontario Limited.
Rights, Duties, Or Obligations
  • 731149 Ontario Limited is restored to all its property, rights, privileges, and franchises.
  • 731149 Ontario Limited is subject to all its liabilities, contracts, disabilities, and debts.
  • The revival is subject to any rights acquired by any person after the corporation's dissolution.
Important Dates
  • The Act came into force on June 4, 2015, the day it received Royal Assent.
Uncertainties Or Limits
  • The Act does not specify how 'rights acquired by any person after its dissolution' are to be determined or managed.
  • The Act does not specify any process for managing the liabilities, contracts, disabilities, and debts that 731149 Ontario Limited is subject to upon revival.
Laws Or Regulations Affected
Business Corporations Act
affected by revival of a corporation

The Business Corporations Act was the law under which 731149 Ontario Limited was dissolved. This Act's revival of the company means it is no longer dissolved under that Act.

Source: Preamble

Corporations Information Act
affected by revival of a corporation

731149 Ontario Limited was dissolved for failing to comply with this Act. The revival of the company means it may now need to comply with this Act's requirements.

Source: Preamble

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 text

Process Snapshot

Step 1
First reading
Mar 23, 2015
Step 2
Second reading
Jun 4, 2015
Step 3
Committee review
Apr 1, 2015
Step 4
Third reading
Jun 4, 2015
Step 5
Royal assent
Jun 4, 2015

Vote Summary

No published recorded division

This bill does not have a published recorded division in the current official sources, so representative-by-representative vote counts are not shown.

Sponsor
Robert Bailey
Progressive Conservative Party of Ontario | Sarnia—Lambton
Jurisdiction
Ontario Legislature

No published representative vote breakdown

The current official sources do not publish a recorded division breakdown for this bill, so there is no representative-by-representative table to show.

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