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5.—(1) A receiving participant may oppose an application by lodging a notice of opposition in Form S1.5.
(2) Any notice of opposition must be lodged within 7 days after the date of intimation of the application.
(3) The sheriff may, on the request of a participant—
(a)vary the period of 7 days mentioned in subparagraph (2); or
(b)dispense with intimation on any participant.
(4) A request mentioned in subparagraph (3) must—
(a)be included in the application; and
(b)give reasons for varying the period or dispensing with intimation, as the case may be.
(5) The sheriff may allow a notice of opposition to be lodged late, on cause shown.
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