Skip to main content
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 26 April 2024 - onwards
Version 2 of 2

Schedule 1, Part 4BA Seizure and Detention of Terrorist Cryptoassets (paras. 10Z7A-10Z7AI)

Interpretation

10Z7A

(1) In this Schedule -

"cryptoasset" means a cryptographically secured digital representation of value or contractual rights that uses a form of distributed ledger technology and can be transferred, stored or traded electronically;

"crypto wallet" means - (a) software, (b) hardware, (c) a physical item, or (d) any combination of the things mentioned in paragraphs (a) to (c), which is used to store the cryptographic private key that allows cryptoassets to be accessed;

"terrorist cryptoasset" means a cryptoasset which - (a) is within subsection (1)(a) or (b) of section 1, or (b) is earmarked as terrorist property.