Sheriff Courts (Scotland) Act 1907

Ranking of claimsS

126(1)After disposal of any defences, and after approval on the condescendence of the fundin medio, the sheriff, where there is no competition on the fund, may rank and prefer the claimants and grant decree in terms of said ranking.

(2)Where there is competition the sheriff may order claims to be adjusted in accordance with rule 122 and thereafter shall close the records thereon and regulate further procedure.