Article 213Z20 Freezing of crypto walletsF1
Chapter 3D (recovery of cryptoassets: freezing orders) applies for the purposes of this Part—
with the modifications in this article, and
as if section 303Z35 (definitions) were omitted.
Section 303Z36 (application for crypto wallet freezing order) applies for the purposes of this Chapter as if—
for subsection (1) there were substituted—
“(1)This section applies if—
(a)the Secretary of State has referred an external request or forwarded an external order in accordance with article 213Z15 or 213Z16 of the Proceeds of Crime Act 2002 (External Orders and Requests) Order 2005, and
(b)an enforcement officer has reasonable grounds for suspecting that cryptoassets held in a crypto wallet administered by a UK-connected cryptoasset service provider are recoverable property.”;
in subsection (8), the definition of “UK-connected cryptoasset service provider” were omitted;
subsection (9) were omitted.
Section 303Z37 (making of a crypto wallet freezing order) applies as if—
in subsection (2), paragraph (b) and the preceding “or” were omitted;
the references in subsection (3) to “this Chapter or Chapter 3E or 3F” were to those Chapters as applied by this Part;
subsections (5), (6) and (7) were omitted.
Section 303Z39 (exclusions) applies as if—
any references in that section to proceedings under Part 5 of the Act were to proceedings under that Part as applied by this Part of the Order;
in subsection (8)—
the reference to steps under Part 5 of the Act were a reference to steps under this Part of the Order;
the words “or intended” to the end were omitted.