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OntarioPassed42nd Parliament, 2nd Session

Bill PR74 explained in plain English

P.K.B. International Bazaar Ltd. Act, 2022

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 PR74
Full title
P.K.B. International Bazaar Ltd. Act, 2022
Current status
Passed
Latest event
Royal Assent received
Last updated
Apr 28, 2022
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
Apr 28, 2022
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 PR74 revives P.K.B. International Bazaar Ltd., a corporation that was dissolved in 2012, restoring all of its former property, rights, and liabilities.

What It Means

This is a special legislation bill that brings P.K.B. International Bazaar Ltd. back to life as a legal corporation. The company was voluntarily dissolved under the Business Corporations Act on March 28, 2012. Jik Chin, who was a director when the company dissolved, requested this special law to revive the corporation so he could collect money that was owed to it. When the corporation is revived, it will be restored to the same legal position it had when it dissolved. This means the company will get back all of its property, rights, privileges, and franchises. However, it will also have to take on all of its old liabilities, contracts, disabilities, and debts from before the dissolution. The law came into force on the day it received Royal Assent, which was April 28, 2022.

Uncertainties Or Limits
  • This draft was normalized from a partial local-model response and must be reviewed before publication.

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
Apr 28, 2022
Step 2
Second reading
Apr 28, 2022
Step 3
Committee review
Apr 28, 2022
Step 4
Third reading
Apr 28, 2022
Step 5
Royal assent
Apr 28, 2022

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
Vincent Ke
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