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OntarioPassed42nd Parliament, 1st Session

Bill PR33 explained in plain English

704176 Ontario Limited Act, 2020

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 PR33
Full title
704176 Ontario Limited Act, 2020
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 9, 2020

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 9, 2020
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 PR33 revives the corporation 704176 Ontario Limited, restoring its legal status and property as of its dissolution date, subject to rights acquired by others since then.

What It Means

This Act revives a corporation called 704176 Ontario Limited. The corporation was dissolved in 1995 because it did not meet requirements under the Business Corporations Act. The applicant, who was the sole director at the time of dissolution, wants to revive the company to manage real property that the company partially owned when it was dissolved. Upon revival, the corporation will be restored to its legal position as if it had not been dissolved, including its property, rights, and liabilities, except for any rights that have been legally acquired by other people since the dissolution.

What This Bill Does
  • Revives the corporation 704176 Ontario Limited.
  • Restores the corporation to its legal position as it was at the time of its dissolution, including its property, rights, privileges, liabilities, contracts, and debts.
  • Ensures that the revival does not affect rights acquired by any person after the corporation's dissolution.
Who Is Affected
  • 704176 Ontario Limited
  • Sheila Barbara Iseman (applicant and former sole director)
  • The public or any persons who may have acquired rights related to the dissolved corporation's property after its dissolution.
Rights, Duties, Or Obligations
  • The revived corporation is subject to all its former 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 was dissolved on February 13, 1995.
  • The Act came into force on December 9, 2020, the day it received Royal Assent.
Uncertainties Or Limits
  • The specific rights acquired by any person after the corporation's dissolution are not detailed in the bill.
  • The exact nature and extent of the real property to be dealt with by the revived corporation are not specified.
Laws Or Regulations Affected
Business Corporations Act
affected by dissolution event

The corporation was dissolved under this Act for failing to comply with subsection 241 (4).

Source: Preamble

704176 Ontario Limited Act, 2020
commencement

This Act came into force 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 text

Process Snapshot

Step 1
First reading
Dec 8, 2020
Step 2
Second reading
Dec 8, 2020
Step 3
Committee review
Nov 25, 2020
Step 4
Third reading
Dec 8, 2020
Step 5
Royal assent
Dec 9, 2020

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
Chris Glover
New Democratic Party of Ontario | Spadina—Fort York
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