Special Economic Measures Act — S-14.5 4
s or any other services to, from or for the benefit of or on the direction or order of that foreign state, any person in that foreign state or a person outside Canada who is not Canadian; (e.1) the transfer or provision by any person in Canada or Canadian outside Canada of property other than goods to that foreign state, any person in that foreign state, a national of that foreign state who does not ordinarily reside in Canada or a person outside Canada who is not Canadian; (f) the docking in that foreign state of ships registered or licensed, or for which an identification number has been issued, pursuant to any Act of Parliament; (g) the landing in that foreign state of aircraft registered in Canada or operated in connection with a Canadian air service licence; (h) the docking in or passage through Canada by ships registered in that foreign state or used, leased or chartered, in whole or in part, by or on behalf of or for the benefit of that foreign state, any person in that foreign state or a person outside Canada who is not Canadian; and (i) the landing in or flight over Canada by aircraft registered in that foreign state or used, leased or chartered, in whole or in part, by or on behalf of or for the benefit of that foreign state, any person in that foreign state or a person outside Canada who is not Canadian. Consultation with Minister of Finance (2.1) The Minister of Finance must be consulted before an order or regulation is made under subsection (1) if any of the following persons would be identified in the order or regulation: (a) a foreign entity that is identified by the Financial Stability Board as a global systemically important bank; (b) a foreign institution , as defined in section 2 of the Bank Act , that carries on business in Canada; (c) a foreign payment service provider , as defined in section 2 of the Retail Payment Activities Act , that directs retail payment activities , as defined in that section, at persons that are in Canada; (d) a central bank of a foreign state; (e) a foreign entity that operates a stock exchange or a clearing and settlement system. Exclusions (3) Any order or regulation made pursuant to subsection (1) may exclude any person, property, goods, technical data, services, transactions, ships or aircraft or any class thereof from the application of the order or regulation. Order authorizing Minister (4) The Governor in Council may, by order, authorize the Minister to (a) issue to any person in Canada or Canadian outside Canada a permit to carry out a specified activity or transaction, or class of activity or transaction, that is restricted or prohibited under this Part or any order or regulations made under this Part; or (b) issue a general permit allowing any person in Canada or Canadian outside Canada to carry out a specified activity or transaction, or class of activity or transaction, that is restricted or prohibited under this Part or any order or regulations made under this Part. Ministerial permit (5) The Minister may issue a permit or general permit, subject to any terms and conditions that are, in the opinion of the Minister, consistent with this Part and any order or regulations made under this Part. Idem (6) The Minister may amend, suspend, revoke or reinstate any permit issued by the Minister under subsection (4). 1992, c. 17, s. 4; 2017, c. 21, s. 17 2022, c. 10, s. 438 2023, c. 26, s. 254 2026, c. 3, s. 354 2026, c. 3, s. 357