Proceeds of Crime (Money Laundering) and Terrorist Financing Registration Regulations (SOR/2007-121)

6.1 For the purposes of section 11.19 of the Act, when a person or entity that is referred to in paragraph 5(h) of the Act and that is engaged in the business of providing the service referred to in subparagraph 5(h)(iv) of the Act, or a person or entity that is referred to in paragraph 5(h.1) of the Act, renews their registration for the first time, they must do so no later than

• (a) in the case of a person, the last day of the month of the person’s first birthday that occurs after the second anniversary of their initial registration;

• (b) in the case of a corporation, the last day of the month of the first anniversary of its incorporation that occurs after the second anniversary of its initial registration; and

• (c) in the case of an entity other than a corporation, the day after the second anniversary of its initial registration.