(1) Sections 723 - 10 and 723 - 15 apply differently if, having regard to all relevant circumstances, it is reasonable to conclude that the sole or main reason why a right was created as a different right from one or more other rights created in respect of the same thing was so that paragraph 723 - 10(1)(f) or 723 - 15(1)(d) would not be satisfied for one or more of the rights mentioned in this subsection.
(2) Those sections:
(a) apply to that thing, in relation to each of the rights mentioned in subsection (1) of this section, as if paragraphs 723 - 10(1)(f) and 723 - 15(1)(d) were omitted; and
(b) are taken always to have so applied.