Bill PR68 explained in plain English
James Guy Limited Act, 2017
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 James Guy Limited Act, 2017, revives the dissolved corporation James Guy Limited to its legal position before its dissolution, subject to acquired rights.
This private bill, the James Guy Limited Act, 2017, revives a corporation named James Guy Limited. The corporation was dissolved on October 1, 1990, for failing to comply with tax laws. The bill aims to restore the corporation to its legal standing as if it had not been dissolved, allowing it to deal with property it owned at the time of dissolution. This revival is subject to any rights that have been acquired by other individuals since the corporation's dissolution.
- Revives James Guy Limited.
- Restores James Guy Limited to its legal position as it was before its dissolution, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
- States that the revival is subject to any rights acquired by any person after the corporation's dissolution.
- Specifies that the Act comes into force on the day it receives Royal Assent.
- James Guy Limited
- Royal Trust Corporation of Canada (as the applicant)
- The estate of Harold James Guy
- Individuals or entities who acquired rights related to James Guy Limited's property after its dissolution.
- James Guy Limited is restored to its legal position, including all its property, rights, privileges, and franchises.
- James Guy Limited remains subject to all its liabilities, contracts, disabilities, and debts.
- The revival is subject to any rights acquired by any person after the corporation's dissolution.
- The Act comes into force on the day it receives Royal Assent (December 14, 2017).
- James Guy Limited was dissolved on October 1, 1990.
- The Act received Royal Assent on December 14, 2017.
- The corporation was dissolved for failure to comply with the Corporations Tax Act.
- The bill does not specify how rights acquired by third parties after the corporation's dissolution will be handled or reconciled with the corporation's revival.
- The bill does not detail the specific property or liabilities James Guy Limited had at the time of its dissolution.
The corporation is brought back into legal existence.
Source: Section 1
The revival of James Guy Limited may override the consequences of its dissolution under this Act.
Source: Preamble
The reason for the corporation's dissolution was failure to comply with this Act; the revival allows the corporation to resume its legal status despite this.
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