General Permit Allowing Specified Activities and Transactions that Are Prohibited Under the Special Economic Measures (Syria) Regulations

Contents

The Minister of Foreign Affairs issues the annexed General Permit Allowing Specified Activities and Transactions that Are Prohibited Under the Special Economic Measures (Syria) Regulations under paragraph 2(b) of the Special Economic Measures Permit Authorization Order and subsection 4(5) of the Special Economic Measures Act.^note^note^noteOttawa, February 27, 2025La ministre des Affaires étrangères,Mélanie JolyMinister of Foreign Affairs

General Permit

1Authorized activities and transactions#

Any person in Canada or Canadian outside Canada may, under this General Permit, carry out any of the following activities and transactions that are otherwise prohibited under the Special Economic Measures (Syria) Regulations if the activities and transactions are aimed at the democratization and stabilization of Syria or the delivery of humanitarian assistance to or within Syria:

(a)provide any financial or related service to or for the benefit of an entity listed in the schedule;

(b)provide or acquire financial or other related services to, from or for the benefit of or on the direction or order of Syria or any person in Syria.

Validity Period

2360 days#

This General Permit ceases to have effect on the 360th day after the day on which it comes into force.^note

Coming into Force

3Registration#

This General Permit comes into force on the day on which it is registered.

Entities (Paragraph 1(a))

1 Commercial Bank of Syria2 Real Estate Bank3 Industrial Bank4 Popular Credit Bank5 Saving Bank6 Agricultural Cooperative Bank7 Central Bank of Syria

Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.