(1) On granting a decree of dissolution or at any other time after the decree is granted, the court, on application to it in that behalf by either of the civil partners or by a person on behalf of a dependent child of the civil partners may, during the lifetime of either of the civil partners, make one or more of the following orders:

(a) an order transferring specified property in which a civil partner has an interest either in possession or reversion from that civil partner to the other, to any dependent child of the civil partners or to any other specified person for the benefit of such a child;

(b) an order settling specified property in which a civil partner has an interest either in possession or reversion for the benefit of the other and of any dependent child of the civil partners or any or all of those persons, to the satisfaction of the court;

(c) an order varying an ante-registration or post-registration settlement made by the civil partners, including one made by will or codicil, for the benefit of one of the civil partners and of any dependent child of the civil partners or any or all of those persons; and

(d) an order extinguishing or reducing the interest of either of the civil partners under such a settlement.