{
  "url": "https://openlegislation.uk/economic-crime-and-corporate-transparency-act-2023/schedule-8/paragraph-53",
  "json_url": "https://openlegislation.uk/economic-crime-and-corporate-transparency-act-2023/schedule-8/paragraph-53.json",
  "legislation": "ukpga/2023/56",
  "legislation_title": "Economic Crime and Corporate Transparency Act 2023",
  "legislation_url": "https://openlegislation.uk/economic-crime-and-corporate-transparency-act-2023",
  "path": "schedule/8/paragraph/53",
  "kind": "paragraph",
  "number": "53",
  "heading": "Property held by persons subject to confiscation orders: destruction, realisation etc",
  "text": "In section 217 (powers of court and receiver etc), after subsection (2) insert—\n“(2A) Subsection (2)(a) does not apply to—\n(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),\n(b) a power conferred on a receiver by virtue of that paragraph, or\n(c) the power conferred on a magistrates’ court by section 215AA (power to order destruction of cryptoassets).”",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 8 para. 53 in force at Royal Assent for specified purposes, see s. 219(2)(b)(5)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 8 para. 53 in force at 26.4.2024 in so far as not already in force by S.R. 2024/82, art. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2023/56/schedule/8/paragraph/53",
    "retrieved_at": "2026-10-29T08:49:37.581581+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."
}