Bill PR22 explained in plain English
Olympic Floor Cleaning Inc. Act, 2019
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 42nd Parliament, 1st 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
This Act revives the dissolved corporation Olympic Floor Cleaning Inc., restoring its legal status and property as of the date of its dissolution.
This Act revives Olympic Floor Cleaning Inc. The corporation was dissolved on November 20, 2017. The Act restores the corporation to its legal position as if it had not been dissolved, including its property, rights, and liabilities. This allows for dealing with property that was held in the corporation's name at the time of its dissolution. The Act came into force on December 12, 2019.
- Revives the corporation named Olympic Floor Cleaning Inc.
- Restores the corporation to its legal position, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, as they existed at the time of its dissolution.
- Specifies that the revival is subject to any rights acquired by any person after the corporation's dissolution.
- States that the Act came into force on the day it received Royal Assent.
- Olympic Floor Cleaning Inc.
- John Nikitas (applicant, former president and sole shareholder)
- Any person who acquired rights after the dissolution of Olympic Floor Cleaning Inc.
- Olympic Floor Cleaning Inc. is restored to its legal position, including all its property, rights, privileges, and franchises.
- Olympic Floor Cleaning 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 dissolution of Olympic Floor Cleaning Inc. occurred on November 20, 2017.
- The Act received Royal Assent on December 12, 2019.
- The Act came into force on December 12, 2019.
- The Act restores all property, rights, and liabilities of Olympic Floor Cleaning Inc. to the corporation as if it had not been dissolved.
- The Act states that the revival is subject to any rights acquired by any person after the dissolution of Olympic Floor Cleaning Inc. The extent or nature of these pre-existing rights is not detailed in the Act.
The Business Corporations Act governed the dissolution of Olympic Floor Cleaning Inc. While not directly amended by this Act, the revival of the corporation under this Act effectively alters the status of Olympic Floor Cleaning Inc. under the Business Corporations Act from dissolved to revived.
Source: Preamble
This Act commenced 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