An Act to revive Liberty Tire Recycling Canada I Ltd. — Private Bill PR48 (41st Parliament, 2nd Session)

Bill PR48, 41-2

Ontario — Bills

2ND SESSION, 41ST LEGISLATURE, ONTARIO ELIZABETH II, 2016 Bill Pr48

An Act to revive Liberty Tire Recycling Canada I Ltd. Mr. E. Hardeman Private Bill 1st Reading September 14, 2016 2nd Reading 3rd Reading Royal Assent Printed by the Legislative Assembly of Ontario Bill Pr48

An Act to revive Liberty Tire Recycling Canada I Ltd.

Preamble Liberty Tire Recycling Canada Ltd. has applied for sp e- cial legislation to revive Liberty Tire Recycling Canada I Ltd. The applicant represents that it was the sole shar e- holder of the corporation when it was dissolved. The cor- poration was dissolved under the Business Corporations Act on February 7, 2011 pursuant to articles of dissol u- tion. The applicant would like to revive the corporation to enable it to recover a federal goods and services tax credit that was in the corporation’s name, and of which the co r- poration was unaware, at the time of the dissolution.

It is appropriate to grant the application. Therefore, Her Majesty, by and with the adv ice and co n- sent of the Legislative Assembly of the Province of O n- tario, enacts as follows: Corporation revived 1. Liberty Tire Recycling Canada I Ltd. 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 Liberty Tire Recy- cling Canada I Ltd. Act, 2016. ______________ EXPLANATORY NOTE The purpose of the Bill is set out in the

Preamble.

Document details

Collection	Ontario — Bills
Citation	Bill PR48, 41-2
Type	bill
Volume / chapter	p41 s2 bill pr48 bill text 41 2 en pr048.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	8aa1fdf0287cd877b140b6b7219626db67495ea2

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