An Act to provide for the taking of restrictive measures in respect of the property of officials and former officials of foreign states and of their family members

Short title: Assets of Corrupt Foreign Officials Act Bill C-61 (40-3) Status: Royal assent received Type: House Government Bill Sponsor: Lawrence Cannon, Minister of Foreign Affairs (Pontiac) Latest stage: Royal assent Legislative

summary <div>A legislative

summary is currently being prepared for this bill by the Parliamentary Information and Research Service of the Library of Parliament. Meanwhile, the following executive

summary is available. <br/><br/>On March 2011, The Minister of Foreign Affairs introduced Bill C-61,

An Act to provide for the taking of restrictive measures in respect of the property of officials and former officials of foreign states and of their family members (Freezing Assets of Corrupt Regimes Act), in the House of Commons and it was given first reading.<br/><br/>Bill C-61 permits the Government of Canada, at the request of a foreign state, to freeze the assets or restrain property of foreign politically exposed persons where the Governor-in-Council has determined that the country is in a state of turmoil or political uncertainty.<br/><br/>It would permit such an order without requiring evidence of criminality or specific identification of assets.

Assets would be frozen for a period of up to five years. <br/><br/>The Freezing Assets of Corrupt Regimes Act also provides that the Minister of Foreign Affairs may recommend revoking or repealing an order if the person does not meet the standard of a “foreign politically exposed person”; may issue permits for dealings with certain property; and may issue certificates in cases of mistaken identity or provide exemptions for reasonable expenses.</div> House of Commons — First reading: Completed (2011-03-03) House of Commons — Second reading: Completed (2011-03-03) House of Commons — Consideration in committee: Completed (2011-03-08) House of Commons — Report stage: Completed (2011-03-09) House of Commons — Third reading: Completed (2011-03-10) Senate — First reading: Completed (2011-03-10) Senate — Second reading: Completed (2011-03-10) Senate — Consideration in committee: Completed (2011-03-21) Senate — Third reading: Completed (2011-03-22) LEGISinfo: https://www.parl.ca/legisinfo/en/bill/40-3/c-61