Special Economic Measures (Russia) Regulations

Marginal note:Metals

• 3.14 (1) It is prohibited for any person in Canada and any Canadian outside Canada to import, purchase or acquire any good referred to in column 1 of Part 1 or 2 of Schedule 11 from Russia or from any person in Russia.

• Marginal note:Non-application

  (2) Subsection (1) does not apply to goods if a contract for the import, purchase or acquisition of the goods is entered into before March 10, 2023.

• Marginal note:Non-application — newly added goods

  (3) Subsection (1) does not apply in respect of goods that meet all of the following conditions:

  • (a) the goods were not referred to in Schedule 11 as it read immediately before the day on which this subsection comes into force;

  • (b) the goods are referred to in Schedule 11 as it reads on the day on which this subsection comes into force;

  • (c) the goods are exported from Russia at least 60 days before the day on which this subsection comes into force.

• Marginal note:Non-application — contracts

  (4) Subsection (1) does not apply in respect of goods that meet all of the following conditions:

  • (a) the goods were not referred to in Schedule 11 as it read immediately before the day on which this subsection comes into force;

  • (b) the goods are referred to in Schedule 11 as it reads on the day on which this subsection comes into force;

  • (c) the goods are imported, purchased or acquired under a contract entered into at least 60 days before the day on which this subsection comes into force;

  • (d) the goods are imported, purchased or acquired within 120 days after the day on which this subsection comes into force.