Proceeds of Crime (Money Laundering) and Terrorist Financing Act

Marginal note:Time limitation — five years

• 81 (1) Proceedings under paragraph 74(1)(a), 74(2)(a), 75(1)(a) or 76(a), subsection 77(1) or (2) or paragraph 77.1(a) or 77.2(2)(a) may be instituted within, but not after, five years after the time when the subject-matter of the proceedings arose.

• Marginal note:Time limitation — eight years

  (2) Proceedings under paragraph 77.3(3)(a) may be instituted within, but not after, eight years after the time when the subject-matter of the proceedings arose.