diff --git a/.space/CODEOWNERS b/.space/CODEOWNERS
index f4af73bd8eb..1912fe27059 100644
--- a/.space/CODEOWNERS
+++ b/.space/CODEOWNERS
@@ -1,4 +1,22 @@
 # Check-out https://www.jetbrains.com/help/space/code-owners.html#codeowners-file-syntax
+# This file is checked by org.jetbrains.kotlin.code.SpaceCodeOwnersTest
+# Directive OWNER_LIST specifies possible values for owner field
+# Directive UNKNOWN specifies that path is unclaimed
+# Ownership must be exhaustive modulo UNKNOWN
+
+# OWNER_LIST: Kotlin
+# OWNER_LIST: "Kotlin Libraries"
+# OWNER_LIST: "Kotlin JVM" "Kotlin JS" "Kotlin Native" "Kotlin Wasm"
+# OWNER_LIST: "Kotlin Compiler Core"
+# OWNER_LIST: "Kotlin Build Infrastructure" "Kotlin Build Tools"
+# OWNER_LIST: "Kotlin IDE"
+# OWNER_LIST: "Kotlin Release"
+# OWNER_LIST: "Kotlin Multiplatform"
+# OWNER_LIST: Mikhail.Glukhikh
+# OWNER_LIST: Yan.Zhulanow
+# OWNER_LIST: Alexander.Udalov
+# Kotlin Libraries
+# OWNER_LIST: A.Qurbonzoda Vsevolod.Tolstopyato Ilya.Gorbunov Sergey.Shanshin Leonid.Startsev
 
 # Fallback rule, must always be top
 * Kotlin
diff --git a/repo/codebase-tests/build.gradle.kts b/repo/codebase-tests/build.gradle.kts
index 479e51143b0..fd7e2358a16 100644
--- a/repo/codebase-tests/build.gradle.kts
+++ b/repo/codebase-tests/build.gradle.kts
@@ -10,6 +10,8 @@ dependencies {
     testImplementation("com.fasterxml.jackson.dataformat:jackson-dataformat-xml:2.12.7")
     testImplementation("com.fasterxml.jackson.module:jackson-module-kotlin:2.12.7")
     testImplementation("com.fasterxml.woodstox:woodstox-core:6.2.4")
+
+    testImplementation("org.eclipse.jgit:org.eclipse.jgit:5.13.0.202109080827-r")
 }
 
 sourceSets {
diff --git a/repo/codebase-tests/tests/org/jetbrains/kotlin/code/SpaceCodeOwnersTest.kt b/repo/codebase-tests/tests/org/jetbrains/kotlin/code/SpaceCodeOwnersTest.kt
new file mode 100644
index 00000000000..a15fc7e25e2
--- /dev/null
+++ b/repo/codebase-tests/tests/org/jetbrains/kotlin/code/SpaceCodeOwnersTest.kt
@@ -0,0 +1,297 @@
+/*
+ * Copyright 2010-2022 JetBrains s.r.o. and Kotlin Programming Language contributors.
+ * Use of this source code is governed by the Apache 2.0 license that can be found in the license/LICENSE.txt file.
+ */
+
+package org.jetbrains.kotlin.code
+
+import junit.framework.TestCase
+import org.eclipse.jgit.ignore.FastIgnoreRule
+import org.eclipse.jgit.ignore.IgnoreNode
+import java.io.File
+import kotlin.test.assertIs
+
+class SpaceCodeOwnersTest : TestCase() {
+    private val ownersFile = File(".space/CODEOWNERS")
+    private val owners = parseCodeOwners(ownersFile)
+
+
+    fun testOwnerListNoDuplicates() {
+        val duplicatedOwnerListEntries = owners.permittedOwners.groupBy { it.name }
+            .filterValues { occurrences -> occurrences.size > 1 }
+            .values
+
+        if (duplicatedOwnerListEntries.isNotEmpty()) {
+            fail(
+                buildString {
+                    appendLine("Duplicated OWNER_LIST entries in $ownersFile:")
+                    for (group in duplicatedOwnerListEntries) {
+                        group.joinTo(this, separator = "\n", postfix = "\n---")
+                    }
+                }
+            )
+        }
+    }
+
+    fun testAllOwnersInOwnerList() {
+        val permittedOwnerNames = owners.permittedOwners.map { it.name }.toSet()
+        val problems = mutableListOf<String>()
+        for (pattern in owners.patterns) {
+            if (pattern !is OwnershipPattern.Pattern) continue
+            for (owner in pattern.owners) {
+                if (owner !in permittedOwnerNames) {
+                    problems += "Owner ${owner.quoteIfContainsSpaces()} not listed in OWNER_LIST of $ownersFile, but used in $pattern"
+                }
+            }
+        }
+        if (problems.isNotEmpty()) {
+            fail(problems.joinToString("\n"))
+        }
+    }
+
+    fun testFallbackRuleMatchEverything() {
+        val fallbackRule = owners.patterns.first()
+        assertEquals("Fallback rule must be '*', while it is $fallbackRule", "*", fallbackRule.pattern)
+        assertIs<OwnershipPattern.Pattern>(fallbackRule, "Fallback rule must not be UNKNOWN, but it is $fallbackRule")
+    }
+
+    fun testPatterns() {
+        val checker = FileOwnershipChecker(
+            owners,
+            root = File(".")
+        )
+        checker.check()
+
+        val problems = mutableListOf<String>()
+
+        if (checker.unmatchedFilesTop.isNotEmpty()) {
+            problems.add(
+                "Found files without owner, please add it to $ownersFile:\n" +
+                        checker.unmatchedFilesTop.joinToString("\n") { "    $it" }
+            )
+        }
+
+        val unusedPatterns = checker.unusedMatchers()
+        if (unusedPatterns.isNotEmpty()) {
+            problems.add(
+                "Found unused patterns in $ownersFile:\n" +
+                        unusedPatterns.joinToString("\n") { "    ${it.item}" }
+            )
+        }
+
+        if (problems.isNotEmpty()) {
+            fail(problems.joinToString("\n"))
+        }
+    }
+
+    private class FileOwnershipChecker(
+        owners: CodeOwners,
+        val root: File
+    ) {
+        private val fileWalkDepthLimit = 8
+
+        val matchers =
+            owners.patterns
+                .map { ItemUse(it, FastIgnoreRule(it.pattern)) }
+                .reversed()
+
+        val fallbackMatcher = matchers.last()
+
+        val fileMatchers = matchers.filterNot { (_, rule) -> rule.dirOnly() }
+
+        val ignoreTracker = GitIgnoreTracker()
+
+        val unmatchedFilesTop = mutableListOf<File>()
+
+        data class ItemUse(val item: OwnershipPattern, val rule: FastIgnoreRule) {
+
+            var used: Boolean = false
+
+            override fun toString(): String {
+                return "use($item) = $used"
+            }
+        }
+
+        fun List<ItemUse>.findFirstMatching(path: String, isDirectory: Boolean, parentMatch: ItemUse?): ItemUse? {
+            val parentMatchLine = parentMatch?.item?.line
+            // Here, input list should be reversed, so that
+            // lines are in reverse direction
+            // We then run matcher till find more specific rule or break when parent matches already
+            // Ex:
+            // (line = 10, pattern = /some/file),
+            // (line = 5, pattern = /some/),
+            // (line = 1, pattern = *)
+            // With input of parent = (line = 5, pattern = /some/) and path = /some/other
+            // we only search till our parent pattern line, as other rules has lower specifity
+            for (use in this) {
+                if (parentMatchLine != null && use.item.line < parentMatchLine) break
+                if (use.rule.isMatch(path, isDirectory)) {
+                    use.used = true
+                    return use
+                }
+            }
+            return parentMatch
+        }
+
+        fun findMatchLine(path: String, isDirectory: Boolean, parentMatch: ItemUse?): ItemUse? {
+            return if (isDirectory) {
+                matchers.findFirstMatching(path, isDirectory = true, parentMatch)
+            } else {
+                fileMatchers.findFirstMatching(path, isDirectory = false, parentMatch)
+            }
+        }
+
+        fun visitFile(file: File, parentMatch: ItemUse?) {
+            val path = file.path.replace(File.separatorChar, '/')
+            if (ignoreTracker.isIgnored(path, isDirectory = false)) return
+
+            val matchedItem = findMatchLine(path, isDirectory = false, parentMatch)
+            if (matchedItem != fallbackMatcher) return
+            if (unmatchedFilesTop.size < 10) {
+                unmatchedFilesTop.add(file)
+            }
+        }
+
+        fun visitDirectory(directory: File, parentMatch: ItemUse?, depth: Int) {
+            if (depth > fileWalkDepthLimit) return
+            val path = directory.path.replace(File.separatorChar, '/')
+
+            if (ignoreTracker.isIgnored(path, isDirectory = true)) return
+            val directoryMatch = findMatchLine(path, isDirectory = true, parentMatch)
+            ignoreTracker.withDirectory(directory) {
+                for (childName in (directory.list() ?: emptyArray())) {
+                    val child = if (directory == root) {
+                        File(childName)
+                    } else {
+                        File(directory, childName)
+                    }
+                    if (child.isDirectory) {
+                        visitDirectory(child, directoryMatch, depth + 1)
+                    } else {
+                        visitFile(child, directoryMatch)
+                    }
+                }
+            }
+        }
+
+        fun check() {
+            visitDirectory(root, null, 0)
+        }
+
+        fun unusedMatchers(): List<ItemUse> {
+            return matchers.filterNot { it.used }
+        }
+    }
+}
+
+
+private class GitIgnoreTracker {
+    private val ignoreNodeStack = mutableListOf(
+        IgnoreNode(listOf(FastIgnoreRule("/.git")))
+    )
+    private val reversedIgnoreNodeStack = ignoreNodeStack.asReversed()
+
+    fun isIgnored(path: String, isDirectory: Boolean): Boolean {
+        return reversedIgnoreNodeStack.firstNotNullOfOrNull { ignoreNode -> ignoreNode.checkIgnored(path, isDirectory) } ?: false
+    }
+
+    inline fun withDirectory(directory: File, action: () -> Unit) {
+        val ignoreFile = directory.resolve(".gitignore").takeIf { it.exists() }
+        if (ignoreFile != null) {
+            val ignoreNode = IgnoreNode().apply {
+                ignoreFile.inputStream().use {
+                    parse(ignoreFile.path, ignoreFile.inputStream())
+                }
+            }
+            ignoreNodeStack.add(ignoreNode)
+        }
+        action()
+        if (ignoreFile != null) {
+            ignoreNodeStack.removeAt(ignoreNodeStack.lastIndex)
+        }
+    }
+}
+
+private data class CodeOwners(
+    val permittedOwners: List<OwnerListEntry>,
+    val patterns: List<OwnershipPattern>
+) {
+    data class OwnerListEntry(val name: String, val line: Int) {
+        override fun toString(): String {
+            return "line $line |# $OWNER_LIST_DIRECTIVE: $name"
+        }
+    }
+}
+
+private sealed class OwnershipPattern {
+    abstract val line: Int
+    abstract val pattern: String
+
+    data class Pattern(override val pattern: String, val owners: List<String>, override val line: Int) : OwnershipPattern() {
+        override fun toString(): String {
+            return "line $line |$pattern " + owners.joinToString(separator = " ") { it.quoteIfContainsSpaces() }
+        }
+    }
+
+    data class UnknownPathPattern(override val pattern: String, override val line: Int) : OwnershipPattern() {
+        override fun toString(): String {
+            return "line $line |# $UNKNOWN_DIRECTIVE: $pattern"
+        }
+    }
+}
+
+private fun String.quoteIfContainsSpaces() = if (contains(' ')) "\"$this\"" else this
+
+private fun parseCodeOwners(file: File): CodeOwners {
+    fun parseDirective(line: String, directive: String): String? {
+        val value = line.substringAfter("# $directive: ")
+        if (value != line) return value
+        return null
+    }
+
+    val ownersPattern = "(\"[^\"]+\")|(\\S+)".toRegex()
+
+    fun parseOwnerNames(ownerString: String): List<String> {
+        return ownersPattern.findAll(ownerString).map { it.value.removeSurrounding("\"") }.toList()
+    }
+
+    val permittedOwners = mutableListOf<CodeOwners.OwnerListEntry>()
+    val patterns = mutableListOf<OwnershipPattern>()
+
+    file.useLines { lines ->
+
+        for ((index, line) in lines.withIndex()) {
+            val lineNumber = index + 1
+            if (line.startsWith("#")) {
+                val unknownDirective = parseDirective(line, UNKNOWN_DIRECTIVE)
+                if (unknownDirective != null) {
+                    patterns += OwnershipPattern.UnknownPathPattern(unknownDirective.trim(), lineNumber)
+                    continue
+                }
+
+                val ownerListDirective = parseDirective(line, OWNER_LIST_DIRECTIVE)
+                if (ownerListDirective != null) {
+                    parseOwnerNames(ownerListDirective).mapTo(permittedOwners) { owner ->
+                        CodeOwners.OwnerListEntry(owner, lineNumber)
+                    }
+                }
+            } else if (line.isNotBlank()) {
+                // Note: Space CODEOWNERS grammar is ambiguous, as it is impossible to distinguish between file pattern with spaces
+                // and team name, so we re-use similar logic
+                // ex:
+                // ```
+                // /some/path/Read Me.md Owner
+                // ```
+                // In such pattern it is impossible to distinguish between file ".../Read Me.md" or file ".../Read" owned by "Me.md"
+                // See SPACE-17772
+                val (pattern, owners) = line.split(' ', limit = 2)
+                patterns += OwnershipPattern.Pattern(pattern, parseOwnerNames(owners), lineNumber)
+            }
+        }
+    }
+
+    return CodeOwners(permittedOwners, patterns)
+}
+
+private const val OWNER_LIST_DIRECTIVE = "OWNER_LIST"
+private const val UNKNOWN_DIRECTIVE = "UNKNOWN"
\ No newline at end of file