Bill PR2 explained in plain English
1474486 Ontario Limited Act, 2014
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
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.
Our plain-language take, written for civic education.
Source: By PoliticalData.ca
This Act revives the corporation 1474486 Ontario Limited, restoring its legal status and allowing it to pursue legal action for assets it was entitled to at the time of its dissolution.
This Act revives a dissolved corporation named 1474486 Ontario Limited. The corporation is restored to its legal position as if it had not been dissolved, subject to any rights acquired by others after its dissolution. This revival is to allow for legal proceedings to acquire assets the corporation was entitled to at the time it was dissolved. The Act also states that it comes into force on the day it receives Royal Assent.
- Revives the corporation 1474486 Ontario Limited.
- Restores the corporation to its legal position as of its dissolution date, including all property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
- Specifies that the revival is subject to any rights acquired by any person after the corporation's dissolution.
- States that the Act comes into force on the day it receives Royal Assent.
- 1474486 Ontario Limited
- Won Jung Cho (applicant and former sole director, officer, and shareholder)
- The corporation is restored to its legal position, including all its property, rights, privileges, and franchises.
- The corporation is subject to all its liabilities, contracts, disabilities, and debts as of the date of its dissolution.
- The revival is subject to any rights acquired by any person after the corporation's dissolution.
- The Act comes into force on the day it receives Royal Assent.
- The extent to which rights acquired by any person after the corporation's dissolution may affect the revival is not detailed in the bill text.
- The specific legal proceedings to acquire certain assets are not detailed in the bill text.
The corporation is brought back into legal existence and restored to its previous legal standing and responsibilities as if it had not been dissolved.
The Act becomes law on the day it receives Royal Assent.
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 does not have a published recorded division in the current official sources, so representative-by-representative vote counts are not shown.
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