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OntarioPassed41st Parliament, 2nd Session

Bill PR56 explained in plain English

2053266 Ontario Inc. Act, 2017

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 PR56
Full title
2053266 Ontario Inc. Act, 2017
Current status
Passed
Latest event
Royal Assent received
Last updated
Jun 1, 2017

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
Jun 1, 2017
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 PR56, the 2053266 Ontario Inc. Act, 2017, revives the corporation 2053266 Ontario Inc. to deal with outstanding tax matters.

What It Means

This Ontario Act, the 2053266 Ontario Inc. Act, 2017, allows the corporation 2053266 Ontario Inc. to be revived. The corporation was voluntarily dissolved on July 25, 2008. The Act restores the corporation to its legal status as if it had not been dissolved, including its property, rights, and liabilities. This revival is intended to allow the corporation to address outstanding tax matters. The Act came into effect on the day it received Royal Assent.

What This Bill Does
  • Revives the corporation 2053266 Ontario Inc.
  • 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.
  • Specifies that the revival is subject to any rights acquired by any person after the corporation's dissolution.
  • States that the Act comes into force on the day it receives Royal Assent.
Who Is Affected
  • 2053266 Ontario Inc. (the corporation)
  • Marina Zubiashvili (applicant, director, and shareholder)
  • The public or any persons who acquired rights after the dissolution of 2053266 Ontario Inc.
Rights, Duties, Or Obligations
  • The corporation is restored to its legal position, including all its property, rights, privileges, and franchises.
  • The corporation is restored subject to all its liabilities, contracts, disabilities, and debts.
  • The revival is subject to any rights that any person acquired after the corporation's dissolution.
Important Dates
  • The corporation 2053266 Ontario Inc. was voluntarily dissolved on July 25, 2008.
  • The Act came into force on the day it received Royal Assent (June 1, 2017).
Financial Or Tax Impacts
  • The revival is intended to allow the corporation to deal with certain outstanding tax matters.
Uncertainties Or Limits
  • The revival is subject to any rights acquired by any person after the corporation's dissolution, which could create limitations or complexities depending on the nature of those rights.
Laws Or Regulations Affected
2053266 Ontario Inc.
revival

The corporation 2053266 Ontario Inc. is revived and restored to its legal position as it was before its dissolution on July 25, 2008, with its associated rights and liabilities.

Source: Section 1

Business Corporations Act
impacted by revival

The voluntary dissolution of 2053266 Ontario Inc. under this Act on July 25, 2008, is effectively reversed by the revival under Bill PR56.

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 text

Process Snapshot

Step 1
First reading
Feb 21, 2017
Step 2
Second reading
Jun 1, 2017
Step 3
Committee review
Mar 1, 2017
Step 4
Third reading
Jun 1, 2017
Step 5
Royal assent
Jun 1, 2017

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
Ann Hoggarth
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