10   Equities of redemption etc

The sheriff or other officer having the execution of any writ of execution against property issued out of the Supreme Court may:

(a)  take in execution any equity of redemption or other equitable interest, or any chose in action, of or belonging to the person against whom such writ is sued out, and

(b)  cause to be put up for sale and sold under such writ such equity of redemption or other equitable interest.