Schedule 10, Part 1, Part 4BC, paragraph 10Z7CI

This paragraph applies where any cryptoasset or other item of property is forfeited under this Part. An authorised officer must— realise the property, or make arrangements for its realisation. This is subject to sub-paragraphs (3) to (5). The property is not to be realised— before the end of the period within which an appeal may be made (whether under paragraph 10Z7CG or otherwise), or if an appeal is made within that period, before the appeal is determined or otherwise disposed of. The realisation of property under sub-paragraph (2) must be carried out, so far as practicable, in the manner best calculated to maximise the amount obtained for the property. Where an authorised officer is satisfied that— the authorised officer may destroy the cryptoasset. it is not reasonably practicable to realise any cryptoasset, or there are reasonable grounds to believe that the realisation of any cryptoasset would be contrary to the public interest, But— the authorised officer may destroy the cryptoasset only if the officer is a senior officer or is authorised to do so by a senior officer, and the cryptoasset is not to be destroyed— before the end of the period within which an appeal may be made (whether under paragraph 10Z7CG or otherwise), or if an appeal is made within that period, before the appeal is determined or otherwise disposed of. The question of whether the realisation of the cryptoasset would be contrary to the public interest is to be determined with particular reference to how likely it is that the entry of the cryptoasset into general circulation would facilitate criminal conduct by any person.

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