00000nam 2200000zi 4500 9.935992 CaOODSP 20241108110823 m o d f cr bn||||||||| 240326s2024 onc ol f000 0 eng d CaOODSP eng rda CaOODSP eng fre n-cn--- YX4-2024/4-PDF Canada. enacting jurisdiction. National Security Review of Investments Modernization Act An Act to amend the Investment Canada Act = Loi modifiant la Loi sur Investissement Canada. Loi modifiant la Loi sur Investissement Canada [Ottawa] : [House of Commons of Canada], 2024. 1 online resource (ii, 19 pages). text txt rdacontent computer c rdamedia online resource cr rdacarrier Statutes of Canada ..., chapter ... ; Statutes of Canada 2024, chapter 4, 1st Session, 44th Parliament "First Session, Forty-fourth Parliament, 70-71 Elizabeth II - 1-2 Charles III, 2021-2022-2023-2024." "Assented to March 22, 2024, Bill C-34." "This enactment amends the Investment Canada Act to, among other things, (a) require notice of certain investments to be given prior to their implementation; (b) authorize the Minister of Industry, after consultation with the Minister of Public Safety and Emergency Preparedness, to impose interim conditions in respect of investments in order to prevent injury to national security that could arise during the review; (c) require, in certain cases, the Minister of Industry to make an order for the further review of investments under Part IV.1; (d) allow written undertakings to be submitted to the Minister of Industry to address risks of injury to national security and allow that Minister, with the concurrence of the Minister of Public Safety and Emergency Preparedness, to complete consideration of an investment because of the undertakings; (e) introduce rules for the protection of information in the course of judicial review proceedings in relation to decisions and orders under Part IV.1; (f) authorize the Minister of Industry to disclose information that is otherwise privileged under the Act to foreign states for the purposes of foreign investment reviews; (g) establish a penalty not exceeding the greater of $500,000 and any prescribed amount, for failure to give notice of, or file applications with respect to, certain investments; and (h) increase the penalty for other contraventions of the Act or the regulations to the greater of $25,000 and any prescribed amount for each day of the contravention"--Summary, page ii. Text in English and French. Canada. Investment Canada Act. Investments, Foreign Law and legislation Canada. National security Law and legislation Canada. Statutes and codes lcgft Canada. Parliament. House of Commons, issuing body. An Act to amend the Investment Canada Act = fre (CaOODSP)9.935993 Statutes of Canada ..., chapter ... Statutes of Canada 2024, chapter 4, 1st Session, 44th Parliament. (CaOODSP)9.500677 PDF 306 KB https://publications.gc.ca/collections/collection_2024/lois-statutes/YX4-2024-4.pdf HTML N/A https://www.parl.ca/documentviewer/en/44-1/bill/C-34/royal-assent?col=2