Schedules Schedule 10 – Cryptoassets: Terrorism Part 1 – Amendments to Schedule 1 to the Anti-Terrorism, Crime and Security Act 2001
Schedule 10 to the Act inserts new Parts 4BA-4BD (covering paragraphs 10Z7A to 10Z7DL) into Schedule 1 to the Anti-Terrorism, Crime and Security Act (ATCSA) 2001. They make provision for the seizure and detention of cryptoassets and cryptoasset-related items, and for the freezing of cryptoassets, where the cryptoassets are suspected of being intended to be used for the purposes of terrorism, consisting of resources of an organisation which is a proscribed organisation, or being, or representing, property obtained through terrorism. They also make provision for the forfeiture of cryptoassets which are shown to meet one of those tests.
	The new provisions build on the existing powers in Schedule 1, Parts 1-4B of ATCSA, to seize and detain or freeze, and forfeit, terrorist cash, terrorist assets, and terrorist funds in bank accounts.