Bill PR22 explained in plain English
434753 Ontario Ltd. Act, 2014
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 40th 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
Bill PR22 revives the corporation 434753 Ontario Ltd., restoring its legal status and all associated assets and liabilities as if it had not been dissolved.
This Ontario Act revives the corporation 434753 Ontario Ltd. The corporation was dissolved on May 8, 1989, for failing to comply with the Corporations Tax Act. The Act states that the default was inadvertent and that business continued under the corporation's name even after dissolution. The revival restores the corporation to its legal position as if it had not been dissolved, subject to any rights acquired by others after its dissolution, and includes all its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
- Revives the corporation 434753 Ontario Ltd.
- Restores the corporation to its legal position as of the date of its dissolution.
- Includes all property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts of the corporation.
- Makes the revival subject to any rights acquired by any person after the corporation's dissolution.
- 434753 Ontario Ltd.
- Evan Davis (applicant and former president and sole director)
- Persons who acquired rights after the dissolution of 434753 Ontario Ltd.
- The revival of 434753 Ontario Ltd. is subject to any rights acquired by any person after its dissolution.
- 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 Act comes into force on the day it receives Royal Assent (April 29, 2014).
- 434753 Ontario Ltd. was dissolved on May 8, 1989.
- The revival of the corporation is subject to any rights that may have been acquired by other persons after the corporation's dissolution. The Act does not specify how these prior acquired rights will be handled or if they take precedence.
- The Act does not detail the process for asserting or resolving claims related to rights acquired after dissolution.
The Act acknowledges that the dissolution of 434753 Ontario Ltd. was due to a default in complying with this 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