http://www.legislation.gov.uk/asp/2026/12/section/5/enactedDigital Assets (Scotland) Act 2026enKing's Printer for Scotland2026-04-16 5 1 This section makes provision about determining who has control of a digital asset for the purposes of this Act. 2 A person has control of a digital asset if the person has the ability to initiate in relation to it— a a transfer transaction within the electronic system giving rise to the asset, or b if the system does not facilitate transfer transactions, a divestiture transaction within the system. 3 In this section— “divestiture transaction” means a transaction that results in no person being able to initiate any further transaction in relation to the asset, “transfer transaction” means a transaction that results in— the person who initiated the transaction losing the ability to initiate a transfer transaction in relation to the asset, and another person gaining (directly or indirectly) the ability to initiate a transfer transaction in relation to the asset or some quantity of that type of asset.