Projet de loi PR52, All About Water Ltd. Act, 2016

Projet de loi PR52 2016

An Act to revive All About Water Ltd.

Preamble

Paul White has applied for special legislation to revive All About Water Ltd. The applicant represents that he was the president and sole director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on July 21, 2015 for failure to comply with section 115 of that Act. The applicant represents that the default was inadvertent and that business has been carried on in the name of the corporation despite 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:

Corporation revived

   1.  All About Water 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 All About Water Ltd. Act, 2016.

Projet de loi PR52 2016

An Act to revive All About Water Ltd.

Preamble

Paul White has applied for special legislation to revive All About Water Ltd. The applicant represents that he was the president and sole director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on July 21, 2015 for failure to comply with section 115 of that Act. The applicant represents that the default was inadvertent and that business has been carried on in the name of the corporation despite 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:

Corporation revived

   1.  All About Water 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 All About Water Ltd. Act, 2016.______________

EXPLANATORY NOTE

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