Bill PR13 explained in plain English

Bill PR13 revives Woodstock Moose Lodge No. 1141 (Holdings) Limited, a corporation that was dissolved in 1989, restoring it to its legal position as if the dissolution had not occurred.

This is a special legislation bill passed by the Ontario Legislature that brings back a company called Woodstock Moose Lodge No. 1141 (Holdings) Limited. The company was dissolved (shut down) on August 21, 1989, because it failed to comply with tax requirements. A former shareholder, George Hartley, asked the legislature to revive the company so he could deal with property that the company still held. By passing this bill, the legislature has restored the company to the legal position it had before it was dissolved. This means the company gets back all its property, rights, and franchises, but it also takes back all its liabilities, debts, and contracts as they existed on the dissolution date. The bill came into force immediately when it received Royal Assent on March 2, 2023. This type of legislation is rare and requires a special application to the legislature.