OpenLegislation

Paragraph 17 Property held by persons subject to confiscation orders: destruction, realisation etcI1I2

United Kingdom

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).”

Annotations

Commencement

I1

Sch. 8 para. 17 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

I2

Sch. 8 para. 17 in force at 26.4.2024 in so far as not already in force by S.I. 2024/269, reg. 4(a)