Section 303Z66 InterpretationF1
In this Chapter—
“converted cryptoassets” is to be read in accordance with sections 303Z57 and 303Z58;
“crypto wallet freezing order” has the same meaning as in Chapter 3D (see section 303Z36);
“enforcement officer” has the meaning given by section 303Z20;
“relevant court” means—
- (a)
in England and Wales and Northern Ireland, a magistrates’ court, and
- (b)
in Scotland, the sheriff;
- (a)
“relevant financial institution” has the meaning given by section 303Z1(6);
“UK-connected cryptoasset service provider” has the meaning given by section 303Z36.
In this Chapter references to the conversion of cryptoassets into money are references to the conversion of cryptoassets into—
cash, or
money held in an account maintained with a relevant financial institution.
Annotations
Textual amendments
- F1
Pt. 5 Chs. 3C-3F inserted (26.10.2023 for specified purposes, 26.4.2024 for S. for specified purposes, 26.4.2024 for E.W.N.I. in so far as not already in force, 7.11.2024 for S. in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), s. 219(1)(2)(b)(c), Sch. 9 para. 1; S.I. 2024/269, reg. 4(b)(i)(ii); S.I. 2024/1108, reg. 2