Schedule 8, Part 1, paragraph 12(6)
ECCTA 2023
Economic Crime and Corporate Transparency Act 2023 · United Kingdom
If a UK-connected cryptoasset service provider fails to comply with an order under subsection (3)— the magistrates’ court may order it to pay an amount not exceeding £5,000, and for the purposes of the Magistrates’ Courts Act 1980 the sum is to be treated as adjudged to be paid by a conviction of the court.
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Source: legislation.gov.uk · retrieved 2026-09-04