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OntarioPassed41st Parliament, 2nd Session

Bill PR50 explained in plain English

Simple Stopwatch Inc. 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 PR50
Full title
Simple Stopwatch Inc. Act, 2016
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 5, 2016

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
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

Bill PR50 revives the corporation Simple Stopwatch Inc. to its legal position as if it had not been dissolved.

What It Means

This Act revives Simple Stopwatch Inc., a corporation that was voluntarily dissolved on April 18, 2016. The revival restores the corporation to its legal status as if it had not been dissolved, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, subject to any rights acquired by others after its dissolution. The revival is intended to allow an applicant, who was the president at the time of dissolution, to continue business under the corporation's name. The Act came into force on the day it received Royal Assent.

What This Bill Does
  • Revives Simple Stopwatch Inc.
  • Restores Simple Stopwatch Inc. to its legal position as it was before its dissolution.
  • Ensures the corporation's property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts are reinstated.
  • Makes the revival subject to any rights acquired by any person after the corporation's dissolution.
Who Is Affected
  • Simple Stopwatch Inc.
  • Laura Berthiaume (applicant and former president)
  • Any persons who acquired rights related to Simple Stopwatch Inc. after its dissolution.
Rights, Duties, Or Obligations
  • Simple Stopwatch Inc. is restored to all its property, rights, privileges, and franchises.
  • Simple Stopwatch Inc. remains subject to all its liabilities, contracts, disabilities, and debts.
  • The revival is subject to any rights that may have been acquired by any person after the corporation's dissolution.
Important Dates
  • The corporation was dissolved on April 18, 2016.
  • The Act received Royal Assent on December 5, 2016, and came into force on that date.
Uncertainties Or Limits
  • The Act does not specify what happens if there are conflicting rights acquired by third parties after the dissolution of Simple Stopwatch Inc. and before its revival.
  • The Preamble notes that the revival is subject to 'any rights acquired by any person after its dissolution', but the specific nature or extent of these rights is not detailed within the Act.
Laws Or Regulations Affected
Simple Stopwatch Inc.
revival

The corporation is revived and restored to its legal status, as if it had not been dissolved, with all associated property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts. This is subject to any rights acquired by others after its dissolution.

Source: Section 1

Commencement of the Act
commencement

The Act came into effect on the date 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 text

Process Snapshot

Step 1
First reading
Nov 1, 2016
Step 2
Second reading
Dec 1, 2016
Step 3
Committee review
Nov 23, 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
Cristina Martins
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