Paragraph 53 Property held by persons subject to confiscation orders: destruction, realisation etcI1I2

In section 217 (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 199(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 215AA (power to order destruction of cryptoassets).”