Commonhold and Leasehold Reform Act 2002
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Change 1
53 Transfer of responsibility
(1) 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. (2) 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. (3) 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— (a) records; (b) copies of records; (c) information. (4) An order under subsection (3) may include terms as to— (a) timing; (b) payment.
53 Transfer of responsibility
(1) 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. (2) 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. (3) 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— (a) records; (b) copies of records; (c) information. (4) An order under subsection (3) may include terms as to— (a) timing; (b) payment.
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