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Special Economic Measures (Belarus) Regulations

Version of section 3.2 from 2021-08-06 to 2022-03-07:


Marginal note:Debt financing — 90 days

 It is prohibited for any person in Canada or any Canadian outside Canada to, directly or indirectly, transact in, provide financing for or otherwise deal in debt of longer than 90 days’ maturity, including bonds, loans, debentures, extensions of credit, loan guarantees, letters of credit, bank drafts, bankers’ acceptances, discount notes, treasury bills, commercial paper and other similar instruments in relation to

  • (a) Belarus;

  • (b) Belarusbank, Belinvestbank, Belagroprombank or any other organization controlled by Belarus; or

  • (c) a person acting on behalf of or at the direction of an entity referred to in paragraph (a) or (b).

  • SOR/2021-184, s. 2
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