EXPLANATORY NOTE

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

Bill PR13 2019

An Act to revive A&One Fashion Jewellery Wholesale Ltd.

Preamble

Yun Ling Yan has applied for special legislation to revive A&One Fashion Jewellery Wholesale Ltd. The applicant represents that she was the sole director of the corporation when it was dissolved. The corporation was dissolved under the Business Corporations Act on May 22, 2014 pursuant to articles of dissolution. The applicant represents that she would like to revive the corporation in order to deal with certain property owing to the corporation.

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 A&One Fashion Jewellery Wholesale 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 A&One Fashion Jewellery Wholesale Ltd. Act, 2019.