Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Marginal note:Definitions

• 2 (1) The definitions in this section apply in this Act.

  authorized person

  authorized person means a person who is authorized under subsection 45(2). (personne autorisée)

  Centre

  Centre means the Financial Transactions and Reports Analysis Centre of Canada established by section 41. (Centre)

  client

  client includes a person or entity that engages in a financial transaction with another person or entity. (client)

  Commissioner

  Commissioner[Repealed, 2005, c. 38, s. 124]

  courier

  courier[Repealed, 2017, c. 20, s. 407]

  customs office

  customs office has the same meaning as in subsection 2(1) of the Customs Act. (bureau de douane)

  entity

  entity means a body corporate, a trust, a partnership, a fund or an unincorporated association or organization. (entité)

  Financial Action Task Force

  Financial Action Task Force means the Financial Action Task Force on Money Laundering established in 1989. (Groupe d’action financière)

  foreign state

  foreign state, except for the purposes of Part 2, means a country other than Canada and includes any political subdivision or territory of a foreign state. (État étranger)

  legal counsel

  legal counsel means, in Quebec, an advocate or a notary and, in any other province, a barrister or solicitor. (conseiller juridique)

  legal firm

  legal firm means an entity that is engaged in the business of providing legal services to the public. (cabinet juridique)

  mail

  mail has the same meaning as in subsection 2(1) of the Canada Post Corporation Act. (envois ou courrier)

  Minister

  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. (ministre)

  money laundering offence

  money laundering offence means an offence under subsection 462.31(1) or (2.1) of the Criminal Code. (infraction de recyclage des produits de la criminalité)

  officer

  officer[Repealed, 2014, c. 20, s. 254]

  person

  person means an individual. (personne)

  prescribed

  prescribed means prescribed by regulations made by the Governor in Council. (Version anglaise seulement)

  President

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

  sanctions evasion offence

  sanctions evasion offence means an offence arising from the contravention of a restriction or prohibition established by an order or a regulation made under the United Nations Act, the Special Economic Measures Act or the Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law). (infraction de contournement de sanctions)

  terrorist activity

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

  terrorist activity financing offence

  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. (infraction de financement des activités terroristes)

  threats to the security of Canada

  threats to the security of Canada has the same meaning as in section 2 of the Canadian Security Intelligence Service Act. (menaces envers la sécurité du Canada)

  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). (violation)

• Marginal note:Definitions — regulations

  (2) The Governor in Council may, on the recommendation of the Minister, make regulations defining the following words and expressions:

  • (a) courier;

  • (b) monetary instruments;

  • (c) shell bank;

  • (d) identifying information, for the purposes of subsection 54.1(3);

  • (e) virtual currency; and

  • (f) dealing in virtual currencies.