Special Economic Measures (Russia) Regulations (SOR/2014-58)

Marginal note:Disclosure

• 7 (1) Every person in Canada and every Canadian outside Canada must disclose without delay to the Commissioner of the Royal Canadian Mounted Police or to the Director of the Canadian Security Intelligence Service

  • (a) the existence of property in their possession or control that they have reason to believe is owned or controlled, directly or indirectly, by a person listed in Schedule 1 or by an entity owned or controlled by a person listed in that Schedule; and

  • (b) information about a transaction or proposed transaction in respect of property referred to in paragraph (a).

• Marginal note:Exception

  (1.1) Despite subsection (1), disclosure is not required in relation to property that came into a person’s possession or control in connection with an activity referred to paragraph 4(c.1) or (c.2).

• Marginal note:Immunity

  (2) No proceedings under the Special Economic Measures Act and no civil proceedings lie against a person for a disclosure made in good faith under subsection (1).

Applications

Marginal note:Application to no longer be listed

• 8 (1) A person may apply in writing to the Minister

  • (a) to have their name removed from Schedule 1, 2 or 3; or

  • (b) to have a ship that they own, operate or manage removed from Schedule 1.1.

• Marginal note:Recommendation

  (2) On receipt of the application, the Minister must decide whether there are reasonable grounds to recommend the removal to the Governor in Council.

• Marginal note:Decision

  (3) The Minister must make a decision on the application within 90 days after the day on which the application is received.

• Marginal note:Notice

  (4) The Minister must give notice without delay to the applicant of the decision taken.

• Marginal note:New application

  (5) If there has been a material change in circumstances since the last application was submitted, a person may submit another application under subsection (1).

Marginal note:Mistaken identity

• 9 (1) A person whose name is the same as or similar to the name of a person listed in Schedule 1, 2 or 3 and who claims not to be that person may apply to the Minister in writing for a certificate stating that they are not that listed person.

• Marginal note:Determination by Minister

  (2) Within 30 days after the day on which the Minister receives the application, the Minister must

  • (a) if it is established that the applicant is not a person listed in Schedule 1, 2 or 3, issue the certificate; or

  • (b) if it is not so established, provide notice to the applicant of the determination.

Application Prior to Publication

Marginal note:Statutory Instruments Act

10 For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply before they are published in the Canada Gazette.

Coming into Force

Marginal note:Registration

11 These Regulations come into force on the day on which they are registered.