Bill PR33 explained in plain English
1000067464 Ontario Inc. Act, 2023
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
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.
Our plain-language take, written for civic education.
Source: By PoliticalData.ca
Bill PR33 revives the corporation 1000067464 Ontario Inc., which was voluntarily dissolved in error, restoring it to the legal position it held before dissolution.
Bill PR33 is a private bill that brings back a corporation called 1000067464 Ontario Inc. The corporation was dissolved (shut down) on November 3, 2022 under the Business Corporations Act. Richard Flament, who was a director and shareholder at the time, applied to have the corporation revived because he says the dissolution was a mistake. The bill approves this request. Once the bill received Royal Assent on December 6, 2023, the corporation is restored to the same legal position it had before it was dissolved. This means it gets back all its property, rights, privileges, and franchises, but also remains responsible for all its liabilities, contracts, disabilities, and debts. However, any rights that other people acquired after the dissolution are not affected by this revival.
- Revives the corporation 1000067464 Ontario Inc., which was voluntarily dissolved on November 3, 2022
- Restores the corporation to its legal position as of the date of dissolution, including all its property, rights, privileges, and franchises
- Restores the corporation subject to all its liabilities, contracts, disabilities, and debts
- Preserves any rights acquired by other persons after the dissolution
- Comes into force on the day it receives Royal Assent (December 6, 2023)
- Richard Flament (director and shareholder of 1000067464 Ontario Inc.)
- 1000067464 Ontario Inc. (the revived corporation)
- Any persons who acquired rights from the corporation after its dissolution on November 3, 2022
- The revived corporation is responsible for all its liabilities, contracts, disabilities, and debts that existed at the time of dissolution
- The revived corporation regains all its property, rights, privileges, and franchises
- Rights acquired by other persons after the dissolution are protected and not affected by the revival
- November 3, 2022: Date the corporation was voluntarily dissolved under the Business Corporations Act
- December 6, 2023: Royal Assent received; the Act comes into force on this date
- The bill text does not specify what rights, if any, other persons acquired from the corporation after its dissolution on November 3, 2022
- The bill text does not provide details about the corporation's property, assets, liabilities, or debts
- The bill text does not explain the reason for the claimed 'error' in the dissolution or provide documentation of this error
- This is a private bill affecting only the specific corporation 1000067464 Ontario Inc. and has no general application to other corporations or persons
The corporation was dissolved under this Act on November 3, 2022 and is now being revived by special legislation under this new Act
Source: Preamble
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