Commonhold and Leasehold Reform Act 2002

53 Transfer of responsibilityE+W

This section has no associated Explanatory Notes

(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.