Bill PR53 explained in plain English
Sound Bay Properties Inc. Act, 2016
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
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.
Our plain-language take, written for civic education.
Source: By PoliticalData.ca
The Sound Bay Properties Inc. Act, 2016, revives a dissolved corporation, Sound Bay Properties Inc., to allow it to manage its former property.
This private bill, the Sound Bay Properties Inc. Act, 2016, revives a corporation named Sound Bay Properties Inc. The corporation was dissolved on February 18, 2016, for failing to comply with a requirement under the Business Corporations Act. The applicant stated this failure was unintentional and wishes to revive the company to manage property that was in the company's name when it dissolved. This Act restores the corporation to its legal status as if it had not been dissolved, subject to any rights acquired by others after its dissolution, and keeps its properties, rights, and liabilities.
- It revives Sound Bay Properties Inc.
- It restores Sound Bay Properties Inc. to its legal position, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, as if it had not been dissolved.
- The revival is subject to any rights that have been acquired by any person after the corporation was dissolved.
- Sound Bay Properties Inc.
- Mary McArthur (applicant and former director)
- Persons who acquired rights related to Sound Bay Properties Inc. after its dissolution.
- Sound Bay Properties Inc. is restored to its legal position, including all its property, rights, privileges, and franchises.
- Sound Bay Properties Inc. 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.
- The Act came into force on December 5, 2016, the day it received Royal Assent.
- The extent to which 'rights acquired by any person after its dissolution' might limit the corporation's restored legal position is not specified in detail within the bill.
The Act is being revived under special legislation, which overrides the dissolution process that occurred under the Business Corporations Act.
Source: Preamble
This Act came into force on 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