Bill PR5 explained in plain English
Social Asset Measurements Inc. Act, 2025
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 44th 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
The Social Asset Measurements Inc. Act, 2025, revives the corporation Social Asset Measurements Inc. to its pre-dissolution legal status.
This Act revives a corporation named Social Asset Measurements Inc. The corporation was dissolved on October 1, 2024. This revival means the corporation is restored to its legal status as if it had not been dissolved, with all its property, rights, and liabilities, unless someone has acquired rights after its dissolution. The Act states it comes into force on the day it receives Royal Assent, which was December 11, 2025. The short title of the Act is the Social Asset Measurements Inc. Act, 2025.
- Revives the corporation Social Asset Measurements Inc.
- Restores the corporation to its legal position as if it had never been dissolved, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
- 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.
- Provides the short title of the Act as the Social Asset Measurements Inc. Act, 2025.
- Social Asset Measurements Inc. (corporation)
- Anshula Chowdhury (applicant and former director)
- Persons who may have acquired rights related to Social Asset Measurements Inc. after its dissolution.
- Social Asset Measurements Inc. is restored to its legal position, including its property, rights, privileges, and franchises.
- Social Asset Measurements Inc. is subject to 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.
- October 1, 2024: Date Social Asset Measurements Inc. was dissolved.
- December 11, 2025: Date the Act received Royal Assent and came into force.
- The extent to which rights acquired by other persons after the corporation's dissolution might affect the revival is not detailed.
- The specific liabilities or debts the applicant wishes to address are not detailed.
The corporation is revived and restored to its legal position as it was before it was dissolved on October 1, 2024. This includes its property, rights, and liabilities, unless new rights were acquired by someone after its dissolution.
Source: Section 1
This Act came into force on December 11, 2025, 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 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