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

RELATED PROVISIONS

• — 2023, c. 26, s. 207

  • No ascertainment of expenses in first year

    175.1 The Financial Transactions and Reports Analysis Centre of Canada is not required to ascertain, under subsection 51.1(1) of the Proceeds of Crime (Money Laundering and Terrorist Financing) Act, as enacted by section 165, the total amount of prescribed expenses incurred during the fiscal year in which section 165 comes into force.

• — 2026, c. 4, s. 121

  • Definitions

    121 The following definitions apply in this section and in sections 122 and 123.

    commencement day

    commencement day means the day on which this section comes into force. (date de référence)

    former Act

    former Act means the Proceeds of Crime (Money Laundering) and Terrorist Financing Act as it read immediately before the commencement day. (ancienne loi)

    new Act

    new Act means the Proceeds of Crime (Money Laundering) and Terrorist Financing Act as it reads on the commencement day. (nouvelle loi)

• — 2026, c. 4, s. 122

  • Violations — former Act

    122 Part 4.1 of the former Act continues to apply with respect to any violation, as defined in subsection 2(1) of the former Act, alleged to have been committed before the commencement day.

• — 2026, c. 4, s. 123

  • Violations — new Act

    123 For greater certainty, Part 4.1 of the new Act applies with respect to any compliance order violation or prescribed violation, as those terms are defined in subsection 2(1) of the new Act, alleged to have been committed on or after the commencement day.