They will remain two separate contracts. Your first direct contract will be contract number 15xxxxxx.0. Your 2nd CCV resale contract will be contract number 15xxxxxx.1.
Given the post-2019 restrictions, any combined booking will be limited by the resale restrictions limits as the resale contract will maintain its restrictions when booking.
At 11-months, you will be able to book CCV with all of your points. At 7-months, you can book any L14 resort with all your points, or Riviera with your 200 direct points only. Resale points can’t play there or at any future resort built.