SCHEDULES

SCHEDULE 8U.K.Cryptoassets: confiscation orders

PART 3U.K.Northern Ireland

Detention and release of propertyU.K.

41In section 195K (further detention pending making of restraint order), after subsection (4) insert—

(5)Exempt property seized under section 195C(5A) may be detained under subsections (2) and (3) only with the approval of a senior officer.

(6)In subsection (5)

  • exempt property” has the meaning given in section 195C(4) (reading references there to the defendant as references to the person by whom the property is held);

  • senior officer” has the meaning given in section 195G(3) (and for this purpose, the powers under subsections (2) and (3) to detain property are to be treated as exercised by the appropriate officer who seized the property).

Commencement Information

I1Sch. 8 para. 41 in force at Royal Assent for specified purposes, see s. 219(2)(b)(5)

I2Sch. 8 para. 41 in force at 26.4.2024 in so far as not already in force by S.R. 2024/82, art. 2