Schedule 10, Part 1, Part 4BC, paragraph 10Z7CC

Paragraphs 10Z7CD and 10Z7CE apply if— an application is made under paragraph 10Z7CA in respect of cryptoassets, the court or sheriff is satisfied that some or all of the cryptoassets are terrorist cryptoassets, and there exists property that is associated with the cryptoassets in relation to which the court or sheriff is satisfied as mentioned in paragraph (b). Paragraphs 10Z7CD and 10Z7CE also apply in England and Wales and Northern Ireland if— an application is made under paragraph 10Z7CA in respect of cryptoassets, the court is satisfied that some or all of the cryptoassets are earmarked as terrorist property, and the cryptoassets in relation to which the court is satisfied as mentioned in paragraph (b) belong to joint tenants and one of the tenants is an excepted joint owner. In this paragraph and paragraphs 10Z7CD and 10Z7CE, “associated property” means property of any of the following descriptions that is not itself the forfeitable property— any interest in the forfeitable property; any other interest in the property in which the forfeitable property subsists; if the forfeitable property is part of a larger property, but not a separate part, the remainder of that property. References to property being associated with forfeitable property are to be read accordingly. In this paragraph and paragraphs 10Z7CD and 10Z7CE, the “forfeitable property” means the cryptoassets in relation to which the court or sheriff is satisfied as mentioned in sub-paragraph (1)(b) or (2)(b) (as the case may be). For the purposes of this paragraph and paragraphs 10Z7CD and 10Z7CE— an excepted joint owner is a joint tenant who obtained the property in circumstances in which it would not (as against them) be earmarked, and references to the excepted joint owner’s share of property are to so much of the property as would have been theirs if the joint tenancy had been severed.

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Source: legislation.gov.uk · retrieved 2026-09-04