OpenLegislation

Paragraph 35 Property held by persons subject to confiscation orders: destruction, realisation etcI1I2

United Kingdom

In section 132 (powers of court and administrator etc), after subsection (2) insert—

“(2A)

Subsection (2)(a) does not apply to—

(a)

the power conferred on a court by paragraph (d) of section 128(6) (which enables the court to give an administrator the power to destroy cryptoassets),

(b)

a power conferred on an administrator by virtue of that paragraph, or

(c)

the power conferred on the sheriff by section 131AA (power to order destruction of cryptoassets).”

Annotations

Commencement

I1

Sch. 8 para. 35 in force at Royal Assent for specified purposes, see s. 219(2)(b)(4)

I2

Sch. 8 para. 35 in force at 31.3.2026 in so far as not already in force by S.S.I. 2025/304, reg. 2