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OntarioPassed42nd Parliament, 1st Session

Bill PR3 explained in plain English

Brownwood Holdings Limited Act, 2018

Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
42nd Parliament, 1st Session
Bill number
Bill PR3
Full title
Brownwood Holdings Limited Act, 2018
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 6, 2018

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.

Chamber
Legislative Assembly of Ontario
Current Stage
Royal Assent received
Latest Activity
Dec 6, 2018
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

The Brownwood Holdings Limited Act, 2018, revives the dissolved corporation Brownwood Holdings Limited, restoring it to its previous legal status to deal with its former assets.

What It Means

This private bill, titled the Brownwood Holdings Limited Act, 2018, allows for the revival of a corporation named Brownwood Holdings Limited. This corporation was dissolved on January 21, 1995, for failing to comply with the Corporations Information Act. The bill states that the dissolution was inadvertent and that reviving the corporation is intended to allow the handling of real property that was in the corporation's name at the time of its dissolution. Upon revival, the corporation is restored to its legal standing as if it had never been dissolved, including all its assets, rights, and liabilities, provided no new rights have been acquired by others since its dissolution.

What This Bill Does
  • Revives the corporation Brownwood Holdings Limited.
  • Restores Brownwood Holdings Limited to its legal position as if it had not been dissolved, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, subject to any rights acquired by others after its dissolution.
  • States that the Act comes into force on the day it receives Royal Assent.
Who Is Affected
  • Brownwood Holdings Limited
  • Herbert Finkelstein (applicant and former director)
  • Any person who acquired rights after the dissolution of Brownwood Holdings Limited
Rights, Duties, Or Obligations
  • Brownwood Holdings Limited is restored to its legal position, including all its property, rights, privileges, and franchises.
  • Brownwood Holdings 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.
Important Dates
  • Dissolution date of Brownwood Holdings Limited: January 21, 1995.
  • This Act comes into force on the day it receives Royal Assent (December 6, 2018).
Uncertainties Or Limits
  • The extent to which previously acquired rights by third parties after the dissolution might affect the revival is not specified beyond stating that the revival is subject to such rights.
Laws Or Regulations Affected
Business Corporations Act
revival of corporation dissolved under it

Allows for the revival of Brownwood Holdings Limited, which was dissolved under this Act.

Source: Preamble

Corporations Information Act
inadvertent non-compliance led to dissolution

The reason for Brownwood Holdings Limited's dissolution was failure to comply with this Act, which is described as inadvertent.

Source: Preamble

Brownwood Holdings Limited Act, 2018
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
Dec 5, 2018
Step 2
Second reading
Dec 5, 2018
Step 3
Committee review
Nov 28, 2018
Step 4
Third reading
Dec 5, 2018
Step 5
Royal assent
Dec 6, 2018

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
Roman Baber
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