(1) the reversioner1 in respect of the specified premises2 has given3 the nominee purchaser4 a counter-notice which, whether or not it complies with certain statutory requirements5, contains a statement6 that, for such reasons as are specified in the counter-notice, the reversioner does not admit that the participating tenants were entitled to exercise the right to collective enfranchisement7; but
(2) the court8 is satisfied, on an application made by the nominee purchaser9, that the participating tenants were on the relevant date10 entitled to exercise the right to collective enfranchisement in relation to the specified premises11,
the court must by order
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