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OntarioPassed41st Parliament, 2nd Session

Bill PR60 explained in plain English

1476283 Ontario Limited Act

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, 2nd Session
Bill number
Bill PR60
Full title
1476283 Ontario Limited Act
Current status
Passed
Latest event
Royal Assent received
Last updated
Jun 1, 2017

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.

Chamber
Legislative Assembly of Ontario
Current Stage
Royal Assent received
Latest Activity
Jun 1, 2017
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 PR60 revives the corporation 1476283 Ontario Limited, restoring it to its previous legal standing and allowing it to deal with its property.

What It Means

This Ontario Act is about reviving a dissolved corporation named 1476283 Ontario Limited. The company was voluntarily dissolved on June 3, 2013. A related company, Canerector Properties Inc., applied to revive it to manage property that was still in the dissolved corporation's name. The Act states that 1476283 Ontario Limited is revived and restored to its legal position as if it had not been dissolved, subject to any rights others may have acquired since its dissolution. The Act came into effect on the day it received Royal Assent.

What This Bill Does
  • Revives the corporation 1476283 Ontario Limited.
  • Restores the corporation to its legal position as it was before it was dissolved.
  • Makes the corporation subject to its original liabilities, contracts, and debts.
  • Ensures the revival is subject to any rights that have been acquired by other people since the corporation was dissolved.
Who Is Affected
  • 1476283 Ontario Limited
  • Canerector Properties Inc.
  • Persons who acquired rights after the dissolution of 1476283 Ontario Limited
Rights, Duties, Or Obligations
  • 1476283 Ontario Limited is restored to its legal position, including all its property, rights, privileges, and franchises.
  • 1476283 Ontario Limited remains 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 the day it received Royal Assent, which was June 1, 2017.
Uncertainties Or Limits
  • The revival of the corporation is subject to any rights that have been acquired by any person after its dissolution. The specific nature or extent of these rights is not detailed in the Act.
Laws Or Regulations Affected
Business Corporations Act
amended

The revival of 1476283 Ontario Limited bypasses the standard procedures for corporate revival under the Business Corporations Act by providing specific legislative revival.

Source: Preamble

1476283 Ontario Limited Act, 2017
created

This is the name of the Act that provides for the revival of the corporation.

Source: Section 3

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 20, 2017
Step 2
Second reading
Jun 1, 2017
Step 3
Committee review
Mar 29, 2017
Step 4
Third reading
Jun 1, 2017
Step 5
Royal assent
Jun 1, 2017

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