Forfeited Property Sharing Regulations (SOR/95-76)

Regulations are current to 2013-04-29

Time of Sharing

 Sharing shall take place no later than 90 days after the end of the fiscal year in which the amounts received from the government of a foreign state are paid into the Consolidated Revenue Fund and credited to the Proceeds Account.

 Within 120 days after the end of each fiscal year, all amounts credited to the Proceeds Account that are not shared pursuant to sections 10 and 11 of the Act less such amounts reserved in accordance with section 16 of the Act shall be calculated for that fiscal year and paid into the Seized Property Non-Tax Revenue Account.

  • SOR/98-191, s. 1.

 On or before March 31, 2000, all amounts credited to the Proceeds Account during any of fiscal years 1993-94 to 1996-97 that have not been shared pursuant to sections 10 and 11 of the Act, less any amounts reserved in accordance with section 16 of the Act, shall be calculated and paid into the Seized Property Non-Tax Revenue Account.

  • SOR/98-191, s. 1;
  • SOR/2000-115, s. 2.