Special Economic Measures (Russia) Regulations

Marginal note:New equity financing

• 3.02 (1) It is prohibited for any person in Canada and any Canadian outside Canada to transact in, provide financing for or otherwise deal in new securities, including shares or any other ownership interest, in relation to

  • (a) a designated person listed in Schedule 2;

  • (b) the property of a designated person listed in Schedule 2; or

  • (c) the interests or rights in property of a designated person listed in Schedule 2.

• Marginal note:Non-application

  (2) Subsection (1) does not apply if the activities referred to in that subsection were undertaken before the designated person was listed in Schedule 2.