Regulations Implementing the United Nations Resolutions on Sudan

Marginal note:Prohibited activities

• 2 (1) It is prohibited for any person in Canada or any Canadian outside Canada to knowingly

  • (a) deal in any property in Canada that is owned, held or controlled, directly or indirectly, by a designated person or by a person acting on behalf of, or at the direction of, a designated person;

  • (b) enter into or facilitate any transaction related to a dealing referred to in paragraph (a);

  • (c) provide or acquire any financial or related services in respect of a dealing referred to in paragraph (a);

  • (d) make available any property to or for the benefit of a designated person, a person acting on behalf of or at the direction of a designated person or an entity that is owned, held or controlled, directly or indirectly, by a designated person; or

  • (e) provide any financial or related services to or for the benefit of any person or any entity referred to in paragraph (d) or acquire any such services from or for the benefit of any such person or entity.

• Marginal note:Payments

  (2) Subsection (1) does not prohibit the payment of interest or other earnings to a designated person if

  • (a) the payment is the result of a dealing or transaction that occurred before the person became a designated person; and

  • (b) the amount paid becomes subject to subsection (1).