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Bill PR47, 1147946 Ontario Inc. Act, 2024

Hogarth, Christine

Royal Assent received. Statutes of Ontario 2024,

chapter Pr15

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Status

Royal Assent

Original

Bill PR47 Royal Assent (PDF)

Bill PR47 2024

Act to revive 1147946 Ontario Inc.

Preamble

Scott

McLeod has applied for special legislation to revive 1147946 Ontario Inc. The

applicant represents that he was a shareholder of the corporation at the time

of its dissolution. The corporation was dissolved under the Business Corporations Act on May 31, 2011, pursuant to

articles of dissolution. The applicant would like to revive the corporation in

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

name 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

Ontario 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

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

Short

title

The

short title of this Act is the 1147946 Ontario Inc.

Act, 2024 .

Bill Pr47 Original (PDF)

EXPLANATORY

NOTE

The

purpose of the Bill is set out in the

Preamble.

Bill Pr47 2024

Act to revive 1147946 Ontario Inc.

Preamble

Scott

McLeod has applied for special legislation to revive 1147946 Ontario Inc. The

applicant represents that he was a shareholder of the corporation at the time

of its dissolution. The corporation was dissolved under the Business Corporations Act on May 31, 2011, pursuant to

articles of dissolution. The applicant would like to revive the corporation in

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

name 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

Ontario 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

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

Short

title

The

short title of this Act is the 1147946 Ontario Inc.

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

May 6, 2024

First Reading

Ordered for Second Reading

May 6, 2024

First Reading

Vote

Carried

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