Contents
5.6Payment out of Proceeds Account#
After consulting with the Minister of Finance and the Minister of Foreign Affairs, the Minister may — at the times and in the manner, and on any terms and conditions, that the Minister considers appropriate — pay out of the Proceeds Account, as defined in section 2 of the Seized Property Management Act, amounts not exceeding the net proceeds from the disposition of property forfeited under section 5.4, but only for any of the following purposes:
(a)the reconstruction of a foreign state adversely affected by a grave breach of international peace and security;
(b)the restoration of international peace and security; and
(c)the compensation of victims of a grave breach of international peace and security, gross and systematic human rights violations or acts of significant corruption.
note
Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.