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Bill PR60, Skybolt Construction Company Limited Act, 2024

Pierre, Natalie

Royal Assent received. Statutes of Ontario 2024,

chapter Pr24

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Status

Royal Assent

Original

Bill PR60 Royal Assent (PDF)

Bill PR60 2024

Act to revive Skybolt Construction Company Limited

Preamble

Helen

McDonagh has applied for special legislation to revive Skybolt Construction

Company Limited. The applicant represents that she was the director and sole

shareholder of the corporation when it was dissolved. The corporation was

dissolved under the Business Corporations Act on

January 1, 1985 for failure to comply with subsection 240 (1) of that Act, as

it read on that date. The applicant represents that she would like to revive

the corporation in order to deal with certain real property held in the name of

the corporation at the time of the dissolution.

is appropriate to grant the application.

Therefore,

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

the Province of Ontario, enacts as follows:

Corporation

revived

Skybolt

Construction Company Limited 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

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

Short

title

The

short title of this Act is the Skybolt Construction

Company Limited Act, 2024 .

Bill PR60 Original (PDF)

EXPLANATORY

NOTE

The

purpose of the Bill is set out in the

Preamble.

Bill PR60 2024

Act to revive Skybolt Construction Company Limited

Preamble

Helen

McDonagh has applied for special legislation to revive Skybolt Construction

Company Limited. The applicant represents that she was the director and sole

shareholder of the corporation when it was dissolved. The corporation was

dissolved under the Business Corporations Act on

January 1, 1985 for failure to comply with subsection 240 (1) of that Act, as

it read on that date. The applicant represents that she would like to revive

the corporation in order to deal with certain real property held in the name of

the corporation at the time of the dissolution.

is appropriate to grant the application.

Therefore,

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

the Province of Ontario, enacts as follows:

Corporation

revived

Skybolt

Construction Company Limited 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

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

Short

title

The

short title of this Act is the Skybolt Construction

Company Limited Act, 2024 .

Date Bill stage Event Outcome Committee

December 19, 2024

Royal Assent

Royal Assent received

December 11, 2024

Third Reading

Vote

Carried

December 11, 2024

Third Reading

Question put

December 11, 2024

Second Reading

Ordered for Third Reading

December 11, 2024

Second Reading

Vote

Carried

December 11, 2024

Second Reading

Question put

November 5, 2024

First Reading

Ordered for Second Reading

November 5, 2024

First Reading

Vote

Carried

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