[303Z42 Forfeiture order: supplementary]
Proceeds of Crime Act 2002 (2002 c 29) | Legislation

[303Z42  Forfeiture order: supplementary]

[(1)     Subsection (2) applies where an application is made under section 303Z41 for the forfeiture of any cryptoassets detained under Chapter 3C.

(2)     The cryptoassets are to continue to be detained under Chapter 3C (and may not be released under any power conferred by this Part) until any proceedings in pursuance of the application (including any proceedings on appeal) are concluded.

This subsection is subject to Chapter 3F (conversion to money).

(3)     Where an application is made under section 303Z41 in relation to cryptoassets held in a crypto wallet that is subject to a crypto wallet freezing order—

(a)     subsections (4) and (5) apply, and

(b)     the crypto wallet freezing order is to continue to have effect until the time referred to in subsection

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