Bill Detail
An Act to amend the Special Economic Measures Act (disposal of foreign state assets)
BillS-214
Session45-1
StageSenate bill, now waiting to be considered in the House
Introduced2025-05-28
This enactment amends the Special Economic Measures Act to allow the Governor in Council to dispose of a foreign state’s assets seized under the Act if the seizure occurred without a judicial order.
✦ AI Summary
Bill S-214, currently in the House of Commons, proposes to change the Special Economic Measures Act. It would allow the Canadian government to dispose of assets from a foreign state that have been seized under this Act, even if the initial seizure didn't involve a court order. This means Canada could sell or transfer these seized foreign assets.
Generated by Gemini · may contain errors