Draft: Add method to extract formulas from Element Types

Closing this MR in favor of !2500 (merged)

Context

After doing some rebasing, this branch got into a weird situation where rebasing it against the latest develop became painful due to a lot of merge conflicts.

I created a new branch named 2063-granual-perms-1-extract-formulas-rebase, which is based on the latest develop. I then cherry-picked the commits from this branch and moved them to the new one. Thus, the work for this will now continue in the new MR