[303Z56 Conversion: existing forfeiture proceedings]
Proceeds of Crime Act 2002 (2002 c 29) | Legislation

[303Z56  Conversion: existing forfeiture proceedings]

[(1)     Where—

(a)     cryptoassets are forfeited under section 303Z41 or 303Z45, and

(b)     before the cryptoassets are realised or destroyed in accordance with section 303Z48, an order is made under section 303Z54 requiring the cryptoassets to be converted into money,

section 303Z62(1) applies in relation to the converted cryptoassets as if they had been detained under section 303Z57 and forfeited under section 303Z60 (and accordingly section 303Z48 ceases to apply).

(2)

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