# Proceeds of Crime Act 2002, Section 303Z29: Seizure of cryptoassets


(1) An enforcement officer may seize cryptoassets if the enforcement officer has reasonable grounds for suspecting that the cryptoassets are recoverable property or intended by any person for use in unlawful conduct.
(2) The circumstances in which a cryptoasset is “seized” for the purposes of subsection (1) include circumstances in which it is transferred into a crypto wallet controlled by the enforcement officer.
(3) This section does not authorise the seizure by an SFO officer or an accredited financial investigator of cryptoassets as a result of information obtained from a cryptoasset-related item found in Scotland.

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Source: https://www.legislation.gov.uk/ukpga/2002/29/section/303Z29 (the official version)
Page: https://openlegislation.uk/proceeds-of-crime-act-2002/section-303Z29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

