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OntarioPassed41st Parliament, 2nd Session

Bill PR74 explained in plain English

1729293 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 PR74
Full title
1729293 Ontario Inc. Act, 2017
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 14, 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
Dec 14, 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 PR74 revives the dissolved corporation 1729293 Ontario Inc. to address outstanding tax matters.

What It Means

This Act revives a corporation named 1729293 Ontario Inc. The corporation was dissolved on September 30, 2011. The Act restores the corporation to its legal position as if it had not been dissolved, subject to any rights that have been acquired by others since its dissolution. This revival is intended to allow the corporation to deal with outstanding tax matters.

What This Bill Does
  • Revives the corporation 1729293 Ontario Inc.
  • Restores the corporation to its legal position as it was before it was dissolved, including its property, rights, privileges, 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
  • 1729293 Ontario Inc.
  • Alexander Jaworski (applicant, former director, officer, and shareholder of 1729293 Ontario Inc.)
  • The public, regarding any rights acquired after the dissolution of 1729293 Ontario Inc.
Rights, Duties, Or Obligations
  • 1729293 Ontario Inc. is restored to all its property, rights, privileges, and franchises.
  • 1729293 Ontario Inc. 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.
Important Dates
  • The corporation 1729293 Ontario Inc. was dissolved on September 30, 2011.
  • The Act comes into force on December 14, 2017, the day it received Royal Assent.
Financial Or Tax Impacts
  • The revival of 1729293 Ontario Inc. is intended to address outstanding tax matters relating to the corporation.
Uncertainties Or Limits
  • The extent of 'rights acquired by any person after its dissolution' is not specified in the Act, which could lead to disputes.
  • The Act does not detail the specific 'outstanding tax matters' that the corporation intends to address.
Laws Or Regulations Affected
Business Corporations Act
commencement

The Act initiates the revival of 1729293 Ontario Inc., which was previously dissolved under the Business Corporations Act.

Source: Preamble

1729293 Ontario Inc. Act, 2017
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
Oct 31, 2017
Step 2
Second reading
Dec 14, 2017
Step 3
Committee review
Nov 15, 2017
Step 4
Third reading
Dec 14, 2017
Step 5
Royal assent
Dec 14, 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
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