Whereas the Governor in Council is of the opinion that the actions of the Islamic Republic of Iran constitute a grave breach of international peace and security that has resulted in or is likely to result in a serious international crisis;

Therefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of Foreign Affairs, makes the annexed Regulations Amending the Special Economic Measures (Iran) Regulations under subsections 4(1)a, (1.1)b, (2)c and (3) of the Special Economic Measures Actd.

a S.C. 2023, c. 26, s. 254(1)

b S.C. 2017, c. 21, s. 17(2)

c S.C. 2023, c. 26, ss. 254(2) to (4)

d S.C. 1992, c. 17

Amendments

1 Section 1 of the Special Economic Measures (Iran) Regulations1 is amended by adding the following in alphabetical order:

Joint Comprehensive Plan of Action means the Joint Comprehensive Plan of Action (S/2015/544) prepared jointly by China, France, Germany, the Russian Federation, the United Kingdom and the United States, with the High Representative of the European Union for Foreign Affairs and Security Policy, and Iran, on July 14, 2015 and endorsed by the Security Council of the United Nations in Resolution 2231 (2015) of July 20, 2015. (Plan d’action global commun)

2 (1) Paragraph 3.1(f) of the Regulations is replaced by the following:

(f) the exercise of a right by a person who is not a listed person with respect to a listed person’s property that is subject to a lien, mortgage or security interest, to a hypothec or prior claim, to a charge or to a judicial, administrative or arbitral decision;

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