SOR/2025-6120252

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20259

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SPECIAL ECONOMIC MEASURES ACTGeneral Permit Allowing Specified Activities and Transactions that Are Prohibited Under the Special Economic Measures (Syria) RegulationsThe 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 Ordera and subsection 4(5)b of the Special Economic Measures Actc.aSOR/2025-50bS.C. 2022, c. 10, s. 438(3)cS.C. 1992, c. 17Ottawa, February 27, 2025La ministre des Affaires étrangères,Mélanie JolyMinister of Foreign AffairsGeneral Permit

Authorized activities and transactions1Any 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

360 days2This General Permit ceases to have effect on the 360th day after the day on which it comes into force.SOR/2025-164, s. 1

Coming into Force

Registration3This General Permit comes into force on the day on which it is registered.

SCHEDULE(Paragraph 1(a))Entities1Commercial Bank of Syria2Real Estate Bank3Industrial Bank4Popular Credit Bank5Saving Bank6Agricultural Cooperative Bank7Central Bank of SyriaSOR/2025-1642025-08-27