If, on application for relief under this Part, the Recorder is satisfied that the unit entitlements of lots or, if various classes of unit entitlements have been fixed, the unit entitlements of a particular class have been fixed on a basis that is not fair and equitable, the Recorder may, by order under this section, redetermine unit entitlements or unit entitlements of the relevant class on a basis that the Recorder considers fair and equitable.