Bill PR46 explained in plain English
Faradale Farms Ltd. Act, 2011
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 39th Parliament, 2nd 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
This Act revives Faradale Farms Ltd., a company dissolved in 1990, to allow it to deal with its former property, subject to any rights acquired by others since its dissolution.
This Act is about reviving a company called Faradale Farms Ltd. The company was dissolved in 1990 because it didn't follow the Corporations Tax Act. Clarence Ian Farrow, who was a shareholder, applied for this Act because he believes the failure to comply was an accident and he wants to deal with property that still belongs to the company. The Act revives the company, restoring its legal position as if it had never been dissolved, but this is subject to any rights that others have gained since the dissolution.
- Revives the corporation Faradale Farms Ltd.
- Restores the corporation to its legal position as if it had not been dissolved, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
- States that the revival is subject to any rights that have been acquired by any person after the corporation's dissolution.
- Specifies that the Act comes into force on the day it receives Royal Assent.
- Faramdale Farms Ltd.
- Clarence Ian Farrow (applicant and former shareholder)
- Any person or entity who acquired rights related to Faradale Farms Ltd. or its property after its dissolution in 1990.
- Faramdale Farms Ltd. is restored to its legal position, including all its property, rights, privileges and franchises.
- Faramdale Farms Ltd. remains subject to all its liabilities, contracts, disabilities and debts.
- The revival of Faradale Farms Ltd. is subject to any rights acquired by any person after its dissolution.
- This Act comes into force on the day it receives Royal Assent (June 1, 2011).
- Faramdale Farms Ltd. was dissolved on February 12, 1990.
- The reason for the company's dissolution was failure to comply with the Corporations Tax Act.
- The extent to which 'rights acquired by any person after its dissolution' will affect the revived corporation is not specified in detail.
Faramdale Farms Ltd., which was dissolved under this Act, is revived by this new Act. The revival is conditional on respecting rights acquired by others since dissolution.
The failure to comply with this Act was the reason Faradale Farms Ltd. was dissolved. This bill revives the company despite that past non-compliance.
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