F1PART II POINDINGS AND WARRANT SALES
Articles belonging to third parties or in common ownership
40 Release from poinding of articles belonging to third party.
1
An officer of court may, at any time after the execution of a poinding and before the warrant sale, release an article from the poinding if—
a
he is satisfied that the article belongs to a third party; and
b
the debtor or other person in possession of the article does not deny that it belongs to the third party.
2
Where, on an application made to him by a third party, at any time after the execution of a poinding and before the warrant sale, the sheriff is satisfied that a poinded article belongs to that third party, he shall make an order releasing it from the poinding.
3
The making of an application under subsection (2) above shall not prejudice the taking of any other proceedings by the third party for the recovery of a poinded article belonging to him, and an order of the sheriff under that subsection shall not be binding in any other proceedings.
4
The release of a poinded article under subsection (1) above—
a
shall be mentioned in the next subsequent application (if any) which is made for warrant of sale or for variation of warrant of sale; or
b
if it takes place after an application for warrant of sale (or variation thereof) has been made and before it has been disposed of, shall be reported as soon as is reasonably practicable by the officer of court to the sheriff; or
c
in any other case, shall be mentioned in any report of sale.
5
Where an article has been released from a poinding under this section, an officer of court may, notwithstanding section 25 of this Act, poind other articles belonging to the debtor in the same premises.
Part II (ss. 16-45) repealed (30.12.2002) by Debt Arrangement and Attachment (Scotland) Act 2002 (asp 17), s. 58(2)(a) (with ss. 59, 63)