Economic Crime and Corporate Transparency Act 2023

181Cryptoassets: terrorismU.K.

This section has no associated Explanatory Notes

(1)Part 1 of Schedule 10 amends the Anti-terrorism, Crime and Security Act 2001 to make provision for a civil recovery regime in relation to cryptoassets which—

(a)are intended to be used for the purposes of terrorism,

(b)consist of resources of an organisation which is a proscribed organisation, or

(c)are, or represent, property obtained through terrorism.

(2)Part 2 of Schedule 10 amends the Terrorism Act 2000 to make provision about financial institutions and cryptoassets.

Commencement Information

I1S. 181 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

I2S. 181 in force at 26.4.2024 in so far as not already in force by S.I. 2024/269, reg. 4(c)