1 (1) In this Act, “charitable corporation” means a corporation that is incorporated for charitable purposes; (“organisation caritative”) “charitable property” means, (a) any property held by a charitable corporation, and (b) any property held for charitable purposes by a corporation that is not a charitable corporation; (version anglaise seulement) “charitable purposes” means, (a) the relief of poverty, (b) education, (c) the advancement of religion, and (d) any other purpose that is beneficial to the community; (“fins de bienfaisance”) “Crown” means, unless otherwise specified, the Crown in right of Ontario; (“Couronne”) “encumbrance” means, subject to subsections (2) and (3), (a) a claim that secures payment or the performance of an obligation, including a charge under the Land Titles Act, a mortgage, a lien, a trust for securing money and a writ of execution, (b) a security interest, regardless of whether the security interest secures payment or the performance of an obligation, (c) a restrictive covenant, (d) a certificate of pending litigation, (e) a profit à prendre, or (f) any interest prescribed as an encumbrance; (“grèvement”) “forfeited corporate personal property” means property described in subsection (6); (“biens meubles sociaux confisqués”) “forfeited corporate property” means forfeited corporate real property and forfeited corporate personal property; (“biens sociaux confisqués”) “forfeited corporate real property” means property described in subsections (4) and (5); (“biens immeubles sociaux confisqués”) “Minister” means, unless the context requires otherwise, the Minister of Economic Development, Employment and Infrastructure or such other member of the Executive Council as may be assigned the administration of this Act under the Executive Council Act, and “Ministry” has a corresponding meaning; (“ministre”) “prescribed” means prescribed by the regulations; (“prescrit”) “prior corporate owner”, when used in reference to forfeited corporate property, means the corporation whose dissolution resulted in the property becoming forfeited corporate property; (“personne morale anciennement propriétaire”) “real property taxes” means real property taxes within the meaning of Part XI of the Municipal Act, 2001 or Part XIV of the City of Toronto Act, 2006, as the case may be; (“impôts fonciers”) “regulations” means the regulations made under this Act. (“règlements”) Special liens not encumbrances (2) Special liens in respect of real property taxes are not encumbrances for the purposes of this Act. Same (3) Subsection (2) also applies to special liens in respect of property tax within the meaning of the Provincial Land Tax Act, 2006. Forfeited corporate real property (4) Real property and interests in real property are forfeited corporate real property if, as a result of the dissolution of a corporation, they are escheated or forfeited to the Crown. Same (5) Real property and interests in real property mentioned in subsection (4) include, (a) a charge under the Land Titles Act or a mortgage; and (b) a building or structure that is owned separately from the land on which the building or structure is located or an interest in such a building or structure. Forfeited corporate personal property (6) Personal property and interests in personal property are forfeited corporate personal property if one of the following circumstances applies: 1. As a result of the dissolution of a corporation, they are forfeited to or have become the property of the Crown as bona vacantia and the personal property is, i. located in, on or under forfeited corporate real property, or ii. not located in, on or under forfeited corporate real property but the Minister, after consulting with the Public Guardian and Trustee, is of the opinion that control over the personal property is necessary for the purposes of, A. administering forfeited corporate real property, or B. managing, on forfeited corporate real property, the ongoing operations or a business of the prior corporate owner of the forfeited corporate real property. 2. The personal property is left in, on or under forfeited corporate real property, regardless of who owns the personal property. Vesting (7) For greater certainty, forfeited corporate property, other than personal property referred to in paragraph 2 of subsection (6), is vested in the Crown, even if the prior corporate owner is still shown as the registered owner of the property.