SCHEDULES

SCHEDULE 8Cryptoassets: confiscation orders

PART 1England and Wales

I1I2I317Property held by persons subject to confiscation orders: destruction, realisation etc

In section 69 (powers of court and receiver etc), after subsection (2) insert—

2A

Subsection (2)(a) does not apply to—

a

the power conferred on a court by paragraph (e) of section 51(2) (which enables the court to give a receiver the power to destroy cryptoassets),

b

a power conferred on a receiver by virtue of that paragraph, or

c

the power conferred on a magistrates’ court by section 67AA (power to order destruction of cryptoassets).