Special Economic Measures (Belarus) Regulations
Version of section 3.2 from 2022-03-08 to 2023-04-04:
Marginal note:Debt financing — 90 days
3.2 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, Belagroprombank or any other entity 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
- SOR/2022-49, s. 3
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