Proceeds of Crime (Money Laundering) and Terrorist Financing Act (S.C. 2000, c. 17)

Act current to 2014-09-29 and last amended on 2014-06-19. Previous Versions

Proceeds of Crime (Money Laundering) and Terrorist Financing Act

S.C. 2000, c. 17

Assented to 2000-06-29

An Act to facilitate combatting the laundering of proceeds of crime and combatting the financing of terrorist activities, to establish the Financial Transactions and Reports Analysis Centre of Canada and to amend and repeal certain Acts in consequence

Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

SHORT TITLE

Marginal note:Short title

 This Act may be cited as the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

  • 2000, c. 17, s. 1;
  • 2001, c. 41, s. 48.

INTERPRETATION

Marginal note:Definitions

 The definitions in this section apply in this Act.

“authorized person”

« personne autorisée »

“authorized person” means a person who is authorized under subsection 45(2).

“Centre”

« Centre »

“Centre” means the Financial Transactions and Reports Analysis Centre of Canada established by section 41.

“client”

« client »

“client” means a person or an entity that engages in a financial transaction or activity with a person or an entity referred to in section 5, and includes a person or an entity on whose behalf the person or the entity that engages in the transaction or activity is acting.

“Commissioner”

“Commissioner”[Repealed, 2005, c. 38, s. 124]

“courier”

« messager »

“courier” means a courier as defined by regulation.

“customs office”

« bureau de douane »

“customs office” has the same meaning as in subsection 2(1) of the Customs Act.

“entity”

« entité »

“entity” means a body corporate, a trust, a partnership, a fund or an unincorporated association or organization.

“Financial Action Task Force”

« Groupe d’action financière »

“Financial Action Task Force” means the Financial Action Task Force on Money Laundering established in 1989.

“legal counsel”

« conseiller juridique »

“legal counsel” means, in Quebec, an advocate or a notary and, in any other province, a barrister or solicitor.

“legal firm”

« cabinet juridique »

“legal firm” means an entity that is engaged in the business of providing legal services to the public.

“mail”

« envois » ou « courrier »

“mail” has the same meaning as in subsection 2(1) of the Canada Post Corporation Act.

“Minister”

« ministre »

“Minister” means, in relation to sections 24.1 to 39, the Minister of Public Safety and Emergency Preparedness and, in relation to any other provision of this Act, the Minister of Finance.

“money laundering offence”

« infraction de recyclage des produits de la criminalité »

“money laundering offence” means an offence under subsection 462.31(1) of the Criminal Code.

“officer”

“officer”[Repealed, 2014, c. 20, s. 254]

“person”

« personne »

“person” means an individual.

“prescribed”

Version anglaise seulement

“prescribed” means prescribed by regulations made by the Governor in Council.

“President”

« président »

“President” means the President of the Canada Border Services Agency appointed under subsection 7(1) of the Canada Border Services Agency Act.

“terrorist activity”

« activité terroriste »

“terrorist activity” has the same meaning as in subsection 83.01(1) of the Criminal Code.

“terrorist activity financing offence”

« infraction de financement des activités terroristes »

“terrorist activity financing offence” means an offence under section 83.02, 83.03 or 83.04 of the Criminal Code or an offence under section 83.12 of the Criminal Code arising out of a contravention of section 83.08 of that Act.

“threats to the security of Canada”

« menaces envers la sécurité du Canada »

“threats to the security of Canada” has the same meaning as in section 2 of the Canadian Security Intelligence Service Act.

“violation”

« violation »

“violation” means a contravention of this Act or the regulations that is designated as a violation by regulations made under subsection 73.1(1).

  • 2000, c. 17, s. 2, c. 24, s. 76.1;
  • 2001, c. 32, s. 70, c. 41, ss. 49, 132;
  • 2005, c. 38, ss. 124, 145;
  • 2006, c. 12, s. 1;
  • 2010, c. 12, s. 1862;
  • 2014, c. 20, s. 254.