{
  "url": "https://openlegislation.uk/anti-terrorism-crime-and-security-act-2001/schedule-1/paragraph-10Z7CI",
  "json_url": "https://openlegislation.uk/anti-terrorism-crime-and-security-act-2001/schedule-1/paragraph-10Z7CI.json",
  "legislation": "ukpga/2001/24",
  "legislation_title": "Anti-terrorism, Crime and Security Act 2001",
  "legislation_url": "https://openlegislation.uk/anti-terrorism-crime-and-security-act-2001",
  "path": "schedule/1/paragraph/10Z7CI",
  "kind": "paragraph",
  "number": "10Z7CI",
  "heading": "Realisation or destruction of forfeited cryptoassets etc",
  "text": "(1) This paragraph applies where any cryptoasset or other item of property is forfeited under this Part.\n(2) An authorised officer must—\n(a) realise the property, or\n(b) make arrangements for its realisation.\nThis is subject to sub-paragraphs (3) to (5).\n(3) The property is not to be realised—\n(a) before the end of the period within which an appeal may be made (whether under paragraph 10Z7CG or otherwise), or\n(b) if an appeal is made within that period, before the appeal is determined or otherwise disposed of.\n(4) The realisation of property under sub-paragraph (2) must be carried out, so far as practicable, in the manner best calculated to maximise the amount obtained for the property.\n(5) Where an authorised officer is satisfied that—\n(a) it is not reasonably practicable to realise any cryptoasset, or\n(b) there are reasonable grounds to believe that the realisation of any cryptoasset would be contrary to the public interest,\nthe authorised officer may destroy the cryptoasset.\n(6) But—\n(a) the authorised officer may destroy the cryptoasset only if the officer is a senior officer or is authorised to do so by a senior officer, and\n(b) the cryptoasset is not to be destroyed—\n(i) before the end of the period within which an appeal may be made (whether under paragraph 10Z7CG or otherwise), or\n(ii) if an appeal is made within that period, before the appeal is determined or otherwise disposed of.\n(7) The question of whether the realisation of the cryptoasset would be contrary to the public interest is to be determined with particular reference to how likely it is that the entry of the cryptoasset into general circulation would facilitate criminal conduct by any person.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 1 Pts. 4BA-4BD inserted (26.10.2023 for specified purposes, 26.4.2024 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), s. 219(1)(2)(b), Sch. 10 para. 2; S.I. 2024/269, reg. 4(c)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/24/schedule/1/paragraph/10Z7CI",
    "retrieved_at": "2026-10-29T09:19:53.658662+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}