Proceeds of Crime (Money Laundering) and Terrorist Financing Act
Marginal note:Definition of foreign entity
11.41 In this Part, foreign entity means an entity, other than an entity referred to in section 5, that is incorporated or formed by or under the laws of a foreign state, including its subsidiaries, if any, and that does not carry on business in Canada, if it carries out activities similar to those of entities referred to in any of paragraphs 5(a) to (g) or activities referred to in paragraph 5(h) or (h.1).
- 2010, c. 12, s. 1869
- 2014, c. 20, s. 267
- 2017, c. 20, s. 422
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