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OntarioPassed42nd Parliament, 2nd Session

Bill PR58 explained in plain English

Vos Food Store Equipment Ltd. Act, 2021

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, 2nd Session
Bill number
Bill PR58
Full title
Vos Food Store Equipment Ltd. Act, 2021
Current status
Passed
Latest event
Royal Assent received
Last updated
Dec 9, 2021
Sponsor

Official Legislative Assembly of Ontario snapshot for 42nd 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 9, 2021
Sponsor
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 PR58 revives Vos Food Store Equipment Ltd., restoring it to its legal position before dissolution to address outstanding tax matters.

What It Means

This Act allows Vos Food Store Equipment Ltd. to be revived. The company was voluntarily dissolved on April 12, 2021. The revival is intended to allow for the resolution of outstanding tax matters related to the corporation. The company will be restored to its legal position as if it had not been dissolved, with the exception of any rights acquired by other people after its dissolution.

What This Bill Does
  • Revives Vos Food Store Equipment Ltd.
  • Restores Vos Food Store Equipment Ltd. to its legal position as it was before it was dissolved, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts.
  • Specifies that the revival is subject to any rights acquired by any person after the company's dissolution.
  • States that the Act comes into force on the day it receives Royal Assent.
Who Is Affected
  • Vos Food Store Equipment Ltd.
  • Paul Sindoni (applicant, former director)
  • Persons who acquired rights after the dissolution of Vos Food Store Equipment Ltd.
Rights, Duties, Or Obligations
  • Vos Food Store Equipment Ltd. is restored to its legal position, including all its property, rights, privileges, and franchises.
  • Vos Food Store Equipment Ltd. 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 company's dissolution.
Important Dates
  • The Act comes into force on the day it receives Royal Assent (December 9, 2021).
  • Vos Food Store Equipment Ltd. was voluntarily dissolved on April 12, 2021.
Financial Or Tax Impacts
  • The revival is intended to allow the applicant to deal with outstanding tax matters related to the corporation.
Uncertainties Or Limits
  • The exact nature and extent of 'rights acquired by any person after its dissolution' that may affect the revival are not specified in the Act.
Laws Or Regulations Affected
Vos Food Store Equipment Ltd.
revival

Vos Food Store Equipment Ltd. is revived and restored to its legal position as if it had not been dissolved.

Source: Section 1

Business Corporations Act
dissolution date

The Act references the dissolution of Vos Food Store Equipment Ltd. under this Act on April 12, 2021.

Source: Preamble

This Act (Vos Food Store Equipment Ltd. Act, 2021)
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 9, 2021
Step 2
Second reading
Dec 9, 2021
Step 3
Committee review
Dec 8, 2021
Step 4
Third reading
Dec 9, 2021
Step 5
Royal assent
Dec 9, 2021

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
Will Bouma
Progressive Conservative Party of Ontario | Brantford—Brant
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