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OntarioPassed41st Parliament, 2nd Session

Bill PR49 explained in plain English

Stoneridge Development Corporation Act, 2016

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

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
41st Parliament, 2nd Session
Bill number
Bill PR49
Full title
Stoneridge Development Corporation Act, 2016
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 5, 2016
Sponsor

Official Legislative Assembly of Ontario snapshot for 41st Parliament, 2nd 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 5, 2016
Sponsor
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

This Act revives the Stoneridge Development Corporation to its legal status prior to its dissolution in March 2016, subject to any rights acquired by others since that time.

What It Means

This Act revives the Stoneridge Development Corporation. The corporation was voluntarily dissolved on March 11, 2016. The Act restores the corporation to its legal position as if it had never been dissolved, including its property, rights, privileges, liabilities, contracts, and debts. This revival is subject to any rights that any person acquired after the corporation's dissolution. The Act came into force on December 5, 2016, the date it received Royal Assent.

What This Bill Does
  • Revives the Stoneridge Development Corporation.
  • Restores the corporation to its legal position as it was before it was dissolved, including its property, rights, privileges, liabilities, contracts, and debts.
  • Ensures that the revival is subject to any rights acquired by any person after the corporation's dissolution.
  • States that the Act came into force on the day it received Royal Assent.
Who Is Affected
  • Stoneridge Development Corporation
  • Michael La Brier (applicant)
  • Persons who may have acquired rights after the dissolution of Stoneridge Development Corporation
Rights, Duties, Or Obligations
  • Stoneridge Development Corporation is restored to its legal position, including all its property, rights, privileges, and franchises.
  • Stoneridge Development Corporation is subject to all 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.
Important Dates
  • The Stoneridge Development Corporation was dissolved on March 11, 2016.
  • The Act received Royal Assent on December 5, 2016.
  • The Act came into force on December 5, 2016.
Uncertainties Or Limits
  • The exact nature of 'rights acquired by any person after its dissolution' is not specified in the Act, which could lead to uncertainty regarding the extent of the revival.
  • The Act does not specify any procedures for addressing potential conflicts arising from rights acquired after dissolution.
Laws Or Regulations Affected
Business Corporations Act
affected by revival

The Stoneridge Development Corporation, which was dissolved under this Act, is revived. This means its corporate status and associated rights and obligations are reinstated.

Source: Preamble

Stoneridge Development Corporation Act, 2016
commencement

This Act comes into force on the day it receives 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 text

Process Snapshot

Step 1
First reading
Sep 14, 2016
Step 2
Second reading
Dec 1, 2016
Step 3
Committee review
Nov 2, 2016
Step 4
Third reading
Dec 1, 2016
Step 5
Royal assent
Dec 5, 2016

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
Han Dong
Sponsor party or district not listed
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