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OntarioPassed41st Parliament, 2nd Session

Bill PR78 explained in plain English

608524 Ontario Inc. Act, 2017

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 PR78
Full title
608524 Ontario Inc. Act, 2017
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 14, 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
Dec 14, 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 PR78, the 608524 Ontario Inc. Act, 2017, revives the corporation 608524 Ontario Inc. to its former legal status.

What It Means

This Act revives a specific corporation, 608524 Ontario Inc., to its legal position as if it had not been dissolved. This allows the corporation to deal with property it held at the time of its dissolution. The Act came into force on the day it received Royal Assent.

What This Bill Does
  • Revives the corporation 608524 Ontario Inc.
  • Restores the corporation to its legal position as of the date of its dissolution, including its 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.
Who Is Affected
  • 608524 Ontario Inc.
  • Charlotte Lee (applicant)
  • Persons who acquired rights after the dissolution of 608524 Ontario Inc.
Rights, Duties, Or Obligations
  • 608524 Ontario Inc. is restored to its legal position, including all its property, rights, privileges, and franchises.
  • 608524 Ontario Inc. 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.
Important Dates
  • The Act comes into force on the day it receives Royal Assent (December 14, 2017).
Uncertainties Or Limits
  • The revival of the corporation is subject to any rights that may have been acquired by any person after its dissolution. The Act does not specify what happens if there are conflicting claims or how such acquired rights are to be handled.
Laws Or Regulations Affected
608524 Ontario Inc.
revival

The corporation is brought back into legal existence with its previous rights and obligations, as if it had never been dissolved, but this is subject to any rights that others may have acquired since its dissolution.

Business Corporations Act
deemed effect

The voluntary dissolution of 608524 Ontario Inc. under this Act is effectively reversed for the purpose of reviving the corporation.

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
Dec 6, 2017
Step 2
Second reading
Dec 14, 2017
Step 3
Committee review
Dec 13, 2017
Step 4
Third reading
Dec 14, 2017
Step 5
Royal assent
Dec 14, 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
Grant Crack
Sponsor party or district not listed
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