Bill PR26 Royal Assent (PDF)

Bill PR26 2023

An Act to revive 592605 Ontario Limited

Preamble

Joseph Thomas Wilson has applied for special legislation to revive 592605 Ontario Limited. The applicant represents that he is the executor of the estate of Eleanor Blanche Wilson, who was the sole shareholder of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on March 25, 1995. The applicant represents that he would like to revive the corporation in order to deal with certain real property that was held in the name of the corporation at the time of the dissolution.

It 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

1 592605 Ontario 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

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

Short title

3 The short title of this Act is the 592605 Ontario Limited Act, 2023.

Bill PR26 Original (PDF)

EXPLANATORY NOTE

The purpose of the Bill is set out in the Preamble.

Bill PR26 2023

An Act to revive 592605 Ontario Limited

Preamble

Joseph Thomas Wilson has applied for special legislation to revive 592605 Ontario Limited. The applicant represents that he is the executor of the estate of Eleanor Blanche Wilson, who was the sole shareholder of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on March 25, 1995. The applicant represents that he would like to revive the corporation in order to deal with certain real property that was held in the name of the corporation at the time of the dissolution.

It 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

1 592605 Ontario 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

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

Short title

3 The short title of this Act is the 592605 Ontario Limited Act, 2023.