Special Economic Measures Act
Version of section 5.2 from 2022-06-23 to 2023-06-21:
Marginal note:Ranking
5.2 All secured and unsecured rights and interests in any property that is the subject of an order made under paragraph 4(1)(b) that are held by a person are entitled to the same ranking that they would have been entitled to had the order not been made, unless
(a) the person is
(i) the foreign state identified in the order,
(ii) a person in that state, or
(iii) a national of that state who does not ordinarily reside in Canada; or
(b) the property is forfeited to Her Majesty in right of Canada under section 5.4.
- 2022, c. 10, s. 439
- Date modified: