Part 5

Civil recovery of the proceeds etc. of unlawful conduct
CHAPTER 3F

Conversion of cryptoassets

Forfeiture

Appeal against decision under section 303Z60
303Z61
1
Any party to proceedings for an order for the forfeiture of converted cryptoassets under section
303Z60
who is aggrieved by an order under that section or by the decision of the court not to make such an order may appeal—
a
from an order or decision of a magistrates’ court in England and Wales, to the Crown Court;
b
from an order or decision of the sheriff, to the Sheriff Appeal Court;
c
from an order or decision of a magistrates’ court in Northern Ireland, to a county court.
2
An appeal under subsection
(1)
must be made before the end of the period of 30 days starting with the day on which the court makes the order or decision.
3
The court hearing the appeal may make any order it thinks appropriate.
4
If the court upholds an appeal against an order forfeiting the converted cryptoassets, it may order the release of some or all of the converted cryptoassets.
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