Debtors (Scotland) Act 1987

22 (1) Articles which are owned in common by a debtor and a third party may be poinded and disposed of in accordance with this Schedule in satisfaction of the debts of that debtor. S

(2) Where, at any time after the execution of a poinding and before the sale of the poinded articles, a third party—

(a) claims that a poinded article is owned in common by the debtor and himself; and

(b) pays to the sheriff officer a sum equal to the value of the debtor’s interest in the article,

the sheriff officer may, unless the debtor (or the person in possession of the article, if not the debtor) denies the claim, release the article from the poinding.

(3) If, on an application made by a third party, at any time after the execution of a poinding and before the sale of the poinded articles, the sheriff is satisfied that a poinded article is owned in common by the debtor and that third party and either—

(a) the third party undertakes to pay to the sheriff officer a sum equal to the value of the debtor’s interest in the article; or

(b) the sheriff is satisfied that the continued poinding of that article or its sale under summary warrant would be unduly harsh to the third party in the circumstances,

he shall make an order releasing the article from the poinding.

(4) A release under sub-paragraph (2) above or where sub-paragraph (3)(a) above applies shall not become effective until the granting by the sheriff officer of a receipt for payment in accordance therewith, when the debtor’s interest in the released article shall be transferred to the third party.

(5) Where an article is released in pursuance of sub-paragraph (3)(b) above from a poinding, a sheriff officer may, notwithstanding paragraph 9 above, poind other articles belonging to the debtor in the same premises.

(6) This sub-paragraph applies where, at any time after the execution of a poinding, a third party claims that any of the poinded articles is owned in common by the debtor and himself but does not seek release of the article from the poinding, and either—

(a) the claim is admitted by the creditor and the debtor; or

(b) the claim is not admitted by both the creditor and the debtor, but the sheriff, on an application made to him, is satisfied that the claim is valid.

(7) Where sub-paragraph (6) above applies, the creditor shall pay to the third party—

(a) if the article is sold, the fraction of the proceeds of sale (or of the value of that article fixed under paragraph 5(4) above, whichever is the greater) which corresponds to the third party’s interest in the article;

(b) if ownership of the article passes to the creditor in default of sale, the fraction of the value of the article fixed under paragraph 5(4) above which corresponds to the third party’s interest in the article.