Bill PR82 explained in plain English
504260 Ontario Ltd. Act, 2018
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 41st Parliament, 3rd 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
Bill PR82 revives the dissolved corporation 504260 Ontario Ltd., restoring its legal status and rights as of its dissolution date, provided no new rights were acquired by others after that date.
This bill revives the corporation 504260 Ontario Ltd. The corporation was dissolved on July 26, 1993, for failing to comply with a section of the Business Corporations Act. The applicant, who was the president, secretary, treasurer, sole shareholder, and a director, states that this failure was an oversight and that the business has continued to operate under the corporation's name. The bill restores the corporation to its legal standing as if it had never been dissolved, subject to any rights acquired by others after its dissolution. The Act came into force on the day it received Royal Assent.
- Revives the corporation 504260 Ontario Ltd.
- Restores the corporation to its legal position, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, as they were on the date of its dissolution.
- States that the revival is subject to any rights that have been acquired by any person after the corporation's dissolution.
- Specifies that the Act comes into force on the day it receives Royal Assent.
- 504260 Ontario Ltd.
- Dave Tredree (applicant, former president, secretary, treasurer, sole shareholder, and director of 504260 Ontario Ltd.)
- Persons who acquired rights after the dissolution of 504260 Ontario Ltd.
- 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.
- July 26, 1993: Date of dissolution of 504260 Ontario Ltd.
- May 7, 2018: Date the Act came into force (Royal Assent date).
- The revival is subject to 'any rights acquired by any person after its dissolution,' the specific nature and extent of these rights are not detailed in the bill.
The Act is impacted by the revival of 504260 Ontario Ltd., which was originally dissolved under this Act. The revival effectively negates the dissolution for the purpose of restoring the corporation's legal status.
Source: Preamble
This Act comes into force on the same day 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