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Special Economic Measures Act

Version of section 5.2 from 2023-06-22 to 2024-10-30:


Marginal note:Ranking

 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 the foreign state identified in the order or a person identified in the order; or

  • (b) the property is forfeited to Her Majesty in right of Canada under section 5.4.

  • 2022, c. 10, s. 439
  • 2023, c. 26, s. 255

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