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OntarioPassed43rd Parliament, 1st Session

Bill PR28 explained in plain English

South Simcoe Developments Inc. Act, 2023

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

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
43rd Parliament, 1st Session
Bill number
Bill PR28
Full title
South Simcoe Developments Inc. Act, 2023
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 6, 2023

Official Legislative Assembly of Ontario snapshot for 43rd Parliament, 1st 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 6, 2023
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

The South Simcoe Developments Inc. Act, 2023, revives the corporation South Simcoe Developments Inc. to its legal position before its dissolution, subject to any rights acquired by others since its dissolution.

What It Means

This Act revives South Simcoe Developments Inc. The company was dissolved on June 20, 2022, under the Business Corporations Act. Alon Szpindel, who was a director and president of the company before its dissolution, applied to have the company revived. The Act states that the corporation is restored to its legal position as if it had not been dissolved, with all its property, rights, privileges, liabilities, contracts, disabilities, and debts. This revival is subject to any rights acquired by any person after the company's dissolution. The Act came into force on the day it received Royal Assent.

What This Bill Does
  • Revives the corporation South Simcoe Developments Inc.
  • Restores the corporation to its legal position as of the date of its dissolution, including its property, rights, privileges, liabilities, contracts, disabilities, and debts.
  • Makes the revival 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
  • South Simcoe Developments Inc.
  • Alon Szpindel
  • Any persons who acquired rights after the dissolution of South Simcoe Developments Inc.
Rights, Duties, Or Obligations
  • The revived South Simcoe Developments Inc. regains its former property, rights, privileges, and franchises.
  • The revived South Simcoe Developments Inc. remains subject to its former liabilities, contracts, disabilities, and debts.
  • The revival is subject to any rights that any person acquired after the corporation was dissolved.
Important Dates
  • The Act came into force on December 6, 2023, the day it received Royal Assent.
Uncertainties Or Limits
  • The extent to which 'rights acquired by any person after its dissolution' may affect the revival of the corporation is not detailed in the Act.
Laws Or Regulations Affected
Business Corporations Act
amended

South Simcoe Developments Inc. was dissolved under this Act. This Act provides a specific revival for that corporation, overriding the general dissolution process under the Business Corporations Act for this particular company.

South Simcoe Developments Inc. Act, 2023
enacted

This is the new Act that provides for the revival of South Simcoe Developments Inc.

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
Sep 27, 2023
Step 2
Second reading
Dec 6, 2023
Step 3
Committee review
Not reached yet
Step 4
Third reading
Dec 6, 2023
Step 5
Royal assent
Dec 6, 2023

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
Brian Saunderson
Progressive Conservative Party of Ontario | Simcoe—Grey
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