[303Z52 Compensation]
Proceeds of Crime Act 2002 (2002 c 29) | Legislation

[303Z52 Ìý°ä´Ç³¾±è±ð²Ô²õ²¹³Ù¾±´Ç²Ô±Õ

[(1)     This section applies if no order is made under section 303Z41, 303Z44 or 303Z45 in respect of cryptoassets detained under this Part or held in a crypto wallet that is subject to a crypto wallet freezing order under section 303Z37.

(2)     Where this section applies, the following may make an application to the relevant court for compensation—

(a)     a person to whom the cryptoassets belong or from whom they were seized, or

(b)     a person by or for whom a crypto wallet to which the crypto wallet freezing order applies is administered.

(3)     If the relevant court is satisfied that the applicant has suffered loss as a result of the detention of the cryptoassets or the making of the crypto wallet freezing order and that the circumstances are exceptional, the relevant court may order compensation to be paid to the applicant.

(4)     The amount of compensation to be paid is the amount the relevant court thinks reasonable, having regard to the loss suffered and any other relevant circumstances.

(5)     If the cryptoassets were seized, or the crypto wallet freezing order was applied for, by an officer

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