Schedule 8, Part 3, paragraph 48(7)

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 (Northern Ireland) Order 1981 (S.I. 1981/1675 (N.I. 26)) 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