http://www.legislation.gov.uk/ukpga/1995/20/schedule/3/paragraph/12/1996-03-05Criminal Justice (Scotland) Act 1995An Act to amend the criminal justice system of Scotland as respects criminal proceedings, the investigation of offences, the sentences and other disposals applicable in respect of certain offences, legal aid in relation to certain appeals, and the treatment of offenders; to amend the law of Scotland in relation to confiscation of the proceeds of, and forfeiture of property used in, crime; to make further provision as respects Scotland in relation to the preparation of jury lists for the purposes of criminal and civil trials; and for connected purposes.1995-07-19texttext/xmlenStatute Law Database2011-05-271996-03-05 SCHEDULESSCHEDULE 3 Administrators Power to facilitate realisation12(1)

Without prejudice to any enactment or rule of law in respect of the recording of deeds relating to heritable property or the registration of interests therein, the court, to facilitate realisation under paragraph 1 above, may—

(a)

order any person (in this paragraph referred to as “A”) holding an interest in property, not being such person (in this paragraph referred to as “B”) as is mentioned in paragraph (a) or (b) of section 72(1) or section 87 of this Act, to make such payment to an administrator appointed to realise estate comprising an interest of B in that property as the court may direct and may, subject to such payment being made—

(i)

authorise the administrator to transfer B’s interest to A or to discharge it in favour of A; or

(ii)

itself by order transfer or discharge B’s interest; or

(b)

by order—

(i)

transfer A’s interest to B; or

(ii)

discharge it in favour of B,

on the administrator making such payment to A out of that estate in respect of A’s interest as the court may direct.

(2)

The court may make such incidental provision in relation to any exercise of powers conferred on it by sub-paragraph (1) above as it considers appropriate; but it shall not exercise those powers without giving such persons as hold an interest in the property reasonable opportunity to make representations to it in that regard.

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