The purpose of the Bill is set out in the Preamble.
Bill PR1 2018
An Act to revive Crystal-Kirkland Mines, Limited
Jean Kaplan has applied for special legislation to revive Crystal-Kirkland Mines, Limited. The applicant represents that she was a shareholder of the corporation when it was dissolved. The corporation was dissolved under the Corporations Act on November 30, 1964 for failure to comply with the Corporations Information Act. 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.
It 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:
1 Crystal-Kirkland Mines, 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.
2 This Act comes into force on the day it receives Royal Assent.
3 The short title of this Act is the Crystal-Kirkland Mines, Limited Act, 2018.