Sound Bay Properties Inc. Act, 2016 Walker, Bill — Private Bill PR53 (41st Parliament, 2nd Session)

Bill PR53, 41-2

Ontario — Bills

role="main" class="main-container container js-quickedit-main-content" id="main-content">

Bill PR53, Sound Bay Properties Inc. Act, 2016

Walker, Bill

Please select

View bill

Status

Original

Royal Assent

[41] Bill 53 Royal Assent (PDF)

Bill PR53 2016

Act to revive Sound Bay Properties Inc.

Preamble

Mary

McArthur has applied for special legislation to revive Sound Bay Properties

Inc. The applicant represents that she was a director of the corporation when

it was dissolved. The corporation was dissolved under the Business Corporations Act on February 18, 2016 for

failure to comply with subsection 115 (2) of that Act. The applicant

represents that the default was inadvertent and that she would like to revive

the corporation in order to deal with certain property that was held in the

corporation's name at the time of the dissolution.

is appropriate to grant the application.

Therefore,

Her Majesty, by and with the advice and consent of the Legislative Assembly of

the Province of Ontario, enacts as follows:

Corporation

revived

1. Sound

Bay Properties Inc. is revived and is, subject to any rights acquired by any

person after its dissolution, restored to its legal position, including all its

property, rights, privileges and franchises and subject to all its liabilities,

contracts, disabilities and debts, as of the date of its dissolution, in the

same manner and to the same extent as if it had not been dissolved.

Commencement

2. This

Act comes into force on the day it receives Royal Assent.

Short

title

3. The

short title of this Act is the Sound Bay Properties Inc.

Act, 2016

[41] Bill 53 Original (PDF)

Bill PR53 2016

Act to revive Sound Bay Properties Inc.

Preamble

Mary

McArthur has applied for special legislation to revive Sound Bay Properties

Inc. The applicant represents that she was a director of the corporation when

it was dissolved. The corporation was dissolved under the Business Corporations Act on February 18, 2016 for

failure to comply with subsection 115 (2) of that Act. The applicant

represents that the default was inadvertent and that she would like to revive

the corporation in order to deal with certain property that was held in the

corporation's name at the time of the dissolution.

is appropriate to grant the application.

Therefore,

Her Majesty, by and with the advice and consent of the Legislative Assembly of

the Province of Ontario, enacts as follows:

Corporation

revived

1. Sound

Bay Properties Inc. is revived and is, subject to any rights acquired by any

person after its dissolution, restored to its legal position, including all its

property, rights, privileges and franchises and subject to all its liabilities,

contracts, disabilities and debts, as of the date of its dissolution, in the

same manner and to the same extent as if it had not been dissolved.

Commencement

2. This

Act comes into force on the day it receives Royal Assent.

Short

title

3. The

short title of this Act is the Sound Bay Properties Inc.

Act, 2016

EXPLANATORY

NOTE

The purpose of the Bill is set out in the

Preamble.

Date Bill stage Activity Committee

December 5, 2016

Royal Assent

Royal Assent received

December 1, 2016

Third Reading

Carried

December 1, 2016

Ordered for Third Reading pursuant to the Order of the House

December 1, 2016

Second Reading

Carried

December 1, 2016

Motion to arrange proceedings

November 30, 2016

Ordered for Second Reading

November 30, 2016

Reported without amendment

November 30, 2016

Consideration of a Bill

Standing Committee on Regulations and Private Bills

November 21, 2016

Ordered referred to Standing Committee

Standing Committee on Regulations and Private Bills

November 21, 2016

First Reading

Carried

Was this page helpful? Yes , I found this page helpful. An optional survey will open in a new tab. No , I didn’t find this page helpful. An optional survey will open in a new tab.

Back to top

Document details

Collection	Ontario — Bills
Citation	Bill PR53, 41-2
Type	bill
Volume / chapter	p41 s2 bill pr53 html
Language	en
Format	html
Source	PROVINCIAL
Identifier	4e6be1eb81c19976fead809973cd836badc934af

Source file is stored in the law ingest library (html).