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Bill C-324

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First Reading

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SUMMARY
Special Economic Measures Act
Amendments to the Act
Terminology

First Session, Forty-fourth Parliament,

70-71 Elizabeth II – 1 Charles III, 2021-2022-2023

HOUSE OF COMMONS OF CANADA

BILL C-324
An Act to amend the Special Economic Measures Act

FIRST READING, March 9, 2023

Mr. Bezan

441199

SUMMARY

This enactment amends the Special Economic Measures Act to change that Act’s long title to “An Act to provide for the imposition of economic measures against a person, an entity or a foreign state for grave breaches of international peace and security, gross and systematic human rights violations or acts of significant corruption” and its short title to the “Sergei Magnitsky Global Sanctions Act”.

Available on the House of Commons website at the following address:

www.ourcommons.ca

1st Session, 44th Parliament,

70-71 Elizabeth II – 1 Charles III, 2021-2022-2023

HOUSE OF COMMONS OF CANADA

BILL C-324

An Act to amend the Special Economic Measures Act

His Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

1992, c. 17

Special Economic Measures Act

Amendments to the Act

1 The long title of the Special Economic Measures Act is replaced by the following:

An Act to provide for the imposition of economic measures against a person, an entity or a foreign state for grave breaches of international peace and security, gross and systematic human rights violations or acts of significant corruption

2 Section 1 of the Act is replaced by the following:

Short title

1 This Act may be cited as the Insertion start Sergei Magnitsky Global Sanctions Act Insertion end .

Terminology

Replacement of “Special Economic Measures Act” in other Acts

3 Every reference to the “Special Economic Measures Act” is replaced by a reference to the “Sergei Magnitsky Global Sanctions Act” in the following provisions:

(a) paragraph 13(3)‍(d) of the Seized Property Management Act;
(b) paragraph 11.‍11(1)‍(b.‍1) of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act;
(c) paragraph 35(1)‍(d) of the Immigration and Refugee Protection Act;
(d) paragraph 6(2)‍(d) of the International Interests in Mobile Equipment (aircraft equipment) Act;
(e) subsection 20(1) of the Freezing Assets of Corrupt Foreign Officials Act; and
(f) in the Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law):
- (i) the long title,
- (ii) the preamble, and
- (iii) subsection 16(1).

Replacement in regulations

4 Every reference to the “Special Economic Measures Act” is replaced by a reference to the “Sergei Magnitsky Global Sanctions Act” in the following provisions:

(a) subsection 15(2) of the Special Economic Measures (Burma) Regulations;
(b) subsection 10(2) of the Special Economic Measures (Zimbabwe) Regulations;
(c) subsection 10(2) of the Special Economic Measures (Iran) Regulations;
(d) in the Regulations Implementing the United Nations Resolutions and Imposing Special Economic Measures on Libya:
- (i) subsection 2(2), and
- (ii) subsection 24(2);
(e) subsection 6(2) of the Special Economic Measures (Syria) Regulations;
(f) paragraph 4(1)‍(c) of the General Export Permit No. 45 — Cryptography for the Development or Production of a Product;
(g) paragraph 3(1)‍(c) of the General Export Permit No. 46 — Cryptography for Use by Certain Consignees;
(h) subsection 7(2) of the Special Economic Measures (Russia) Regulations;
(i) subsection 7(2) of the Special Economic Measures (Ukraine) Regulations;
(j) subsection 7(2) of the Special Economic Measures (South Sudan) Regulations;
(k) paragraph 3(1)‍(c) of the General Export Permit No. 41 — Dual-use Goods and Technology to Certain Destinations;
(l) subsection 7(2) of the Special Economic Measures (Venezuela) Regulations;
(m) subsection 7(2) of the Special Economic Measures (Nicaragua) Regulations;
(n) subsection 7(2) of the Special Economic Measures (Belarus) Regulations; and
(o) subsection 7(2) of the Special Economic Measures (People’s Republic of China) Regulations.

Published under authority of the Speaker of the House of Commons