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OntarioPassed42nd Parliament, 2nd Session

Bill PR60 explained in plain English

1692783 Ontario Inc. Act, 2022

Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
42nd Parliament, 2nd Session
Bill number
Bill PR60
Full title
1692783 Ontario Inc. Act, 2022
Current status
Passed
Latest event
Royal Assent received
Last updated
Apr 28, 2022

Official Legislative Assembly of Ontario snapshot for 42nd 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
Apr 28, 2022
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 dissolved corporation 1692783 Ontario Inc. to its legal position as of its dissolution, subject to intervening rights.

What It Means

This Ontario Act revives a dissolved corporation named 1692783 Ontario Inc. The corporation was dissolved on July 21, 2015, for failing to comply with a requirement under the Business Corporations Act. The Act restores the corporation to its legal position as if it had never been dissolved, including its property, rights, and liabilities, provided no new rights have been acquired by others since its dissolution. The Act came into effect on the day it received Royal Assent.

What This Bill Does
  • Revives the corporation 1692783 Ontario Inc.
  • Restores the corporation to its legal position as it was before it was dissolved, including all its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
  • Specifies that the revival is subject to any rights that any person may have acquired after the corporation's dissolution.
  • States that the Act comes into force on the day it receives Royal Assent.
Who Is Affected
  • 1692783 Ontario Inc.
  • Andrew Ferri (applicant and former president, secretary, and sole director of 1692783 Ontario Inc.)
  • Any persons who acquired rights after the dissolution of 1692783 Ontario Inc.
Rights, Duties, Or Obligations
  • 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.
Important Dates
  • The corporation 1692783 Ontario Inc. was dissolved on July 21, 2015.
  • This Act came into force on the day it received Royal Assent (April 28, 2022).
Uncertainties Or Limits
  • The Act does not specify what happens if a person acquired rights after the corporation's dissolution; it only states the revival is subject to those rights.
  • The Act does not detail how to resolve any conflicts arising from rights acquired after dissolution.
Laws Or Regulations Affected
Business Corporations Act
amended

The revival of 1692783 Ontario Inc. overrides its dissolution under this Act.

Source: Preamble

1692783 Ontario Inc. Act, 2022
commencement

This Act came into force on the day it received 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 28, 2022
Step 2
Second reading
Apr 28, 2022
Step 3
Committee review
Mar 30, 2022
Step 4
Third reading
Apr 28, 2022
Step 5
Royal assent
Apr 28, 2022

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
Wayne Gates
New Democratic Party of Ontario | Niagara Falls
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