Special Economic Measures Act

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 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.