Where a succession order is made in relation to an insolvent commonhold association this section applies on the making of a winding-up order in respect of the association.
The successor commonhold association shall be treated as the commonhold association for the commonhold in respect of any matter which relates to a time after the making of the winding-up order.
On the making of the winding-up order the court may make an order requiring the liquidator to make available to the successor commonhold association specified—
An order under subsection (3) may include terms as to—