(1) An order under this section may provide for one or more of the following matters:

(a) the transfer by either of the cohabitants to or for the benefit of the other, of specified property in which the cohabitant has an interest either in possession or reversion;

(b) the settlement to the satisfaction of the court of specified property in which thecohabitant has an interest either in possession or reversion, for the benefit of the other cohabitant or of a dependent child;

(c) the variation for the benefit of either of the cohabitants or of a dependent child of an agreement referred to in section 202 (subject to section 202(4)) or another settlement (including one made by will or codicil) made on the cohabitants; and

(d) the extinguishment or reduction of the interest of either of the cohabitants under an agreement referred to in section 202 (subject to section 202(4)).