Bill PR48 explained in plain English
Liberty Tire Recycling Canada I Ltd. Act, 2016
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 41st 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 Liberty Tire Recycling Canada I Ltd. to allow it to recover an unaware federal tax credit, restoring its legal position as if it had not been dissolved.
This private bill, the Liberty Tire Recycling Canada I Ltd. Act, 2016, allows Liberty Tire Recycling Canada I Ltd. to be revived. The company was dissolved on February 7, 2011. The bill states that the company is revived and restored to its legal position as if it had not been dissolved, except for any rights acquired by others after its dissolution. The purpose for reviving the company is to allow it to recover a federal goods and services tax credit that was in its name at the time of dissolution and that the company was unaware of. The Act came into force on the day it received Royal Assent.
- Revives Liberty Tire Recycling Canada I Ltd.
- Restores the company to its legal position as if it had not been dissolved, subject to rights acquired by others after its dissolution.
- States that the Act comes into force on the day it receives Royal Assent.
- Liberty Tire Recycling Canada I Ltd.
- The sole shareholder of Liberty Tire Recycling Canada I Ltd. at the time of its dissolution.
- Individuals or entities who acquired rights after the dissolution of Liberty Tire Recycling Canada I Ltd.
- Liberty Tire Recycling Canada I Ltd. is restored to its legal position, including all its property, rights, privileges, and franchises.
- Liberty Tire Recycling Canada I Ltd. remains subject to all its liabilities, contracts, disabilities, and debts.
- The Act comes into force on December 5, 2016, the day it received Royal Assent.
- The revival of the corporation is intended to allow it to recover a federal goods and services tax credit.
- The revival of the corporation is subject to any rights that may have been acquired by any person after the corporation's dissolution.
This private bill overrides the dissolution process under the Business Corporations Act for Liberty Tire Recycling Canada I Ltd. The company was dissolved under this Act on February 7, 2011. The private Act now revives the company.
Source: Preamble
The Act comes into force on the date 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 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