Investment Canada Act
Marginal note:Governor in Council’s powers
25.4 (1) On the referral of an investment under paragraph 25.3(6)(a) or subsection 25.3(7), the Governor in Council may, by order, within the prescribed period, take any measures in respect of the investment that he or she considers advisable to protect national security, including
(a) directing the non-Canadian not to implement the investment;
(b) authorizing the investment on condition that the non-Canadian
(c) requiring the non-Canadian to divest themselves of control of the Canadian business or of their investment in the entity.
Marginal note:Copy of order
(2) The Minister shall send a copy of the order to the non-Canadian or other person or entity to which it is directed without delay after it has been made.
Marginal note:Requirement to comply with order
(3) The non-Canadian or other person or entity to which the order is directed shall comply with the order.
Marginal note:Statutory Instruments Act does not apply
- 2009, c. 2, s. 453
- 2013, c. 33, s. 142
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