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OntarioPassed41st Parliament, 3rd Session

Bill PR88 explained in plain English

James Wilson Holdings Limited Act, 2018

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, 3rd Session
Bill number
Bill PR88
Full title
James Wilson Holdings Limited Act, 2018
Current status
Passed
Latest event
Royal Assent received
Last updated
May 7, 2018

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.

Chamber
Legislative Assembly of Ontario
Current Stage
Royal Assent received
Latest Activity
May 7, 2018
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

This Act revives James Wilson Holdings Limited, which was dissolved in 1991 for failing to comply with tax laws, restoring it to its previous legal standing.

What It Means

This Act revives a corporation named James Wilson Holdings Limited. The corporation was dissolved on June 10, 1991, due to not complying with the Corporations Tax Act. The Act restores the corporation to its legal position as if it had not been dissolved, subject to any rights that may have been acquired by others after its dissolution. This allows the corporation to deal with property that was in its name when it was dissolved. The Act comes into effect on the day it receives Royal Assent.

What This Bill Does
  • Revives the corporation James Wilson Holdings Limited.
  • Restores the corporation to its legal position, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, as if it had never been dissolved.
  • 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
  • James Wilson Holdings Limited
  • Margaret Wilson (shareholder at the time of dissolution)
  • The public or any persons who acquired rights after the dissolution of James Wilson Holdings Limited.
Rights, Duties, Or Obligations
  • Restoration of all property, rights, privileges, and franchises of James Wilson Holdings Limited.
  • Subject to all liabilities, contracts, disabilities, and debts of James Wilson Holdings Limited.
  • Revival is subject to any rights acquired by any person after the dissolution.
Important Dates
  • Dissolution date of James Wilson Holdings Limited: June 10, 1991.
  • This Act comes into force on the day it receives Royal Assent (May 7, 2018).
Uncertainties Or Limits
  • The revival of the corporation is explicitly stated to be subject to any rights acquired by any person after its dissolution. The exact nature or extent of these acquired rights is not detailed in the Act, which could lead to uncertainty or disputes.
  • The Act does not specify how the corporation's liabilities, contracts, disabilities, and debts are to be managed or settled now that it is revived.
Laws Or Regulations Affected
James Wilson Holdings Limited
revival

The corporation James Wilson Holdings Limited is revived and restored to its legal position as of the date of its dissolution, subject to rights acquired by others after its dissolution.

Source: Section 1

The Corporations Tax Act
dissolution reason

James Wilson Holdings Limited was dissolved on June 10, 1991, for default in complying with this Act.

Source: Preamble

Commencement provision
commencement

This Act comes into force on the 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 text

Process Snapshot

Step 1
First reading
Apr 25, 2018
Step 2
Second reading
May 7, 2018
Step 3
Committee review
May 2, 2018
Step 4
Third reading
May 7, 2018
Step 5
Royal assent
May 7, 2018

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
Arthur Potts
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