(1) Subject to section 18C, where, on the vesting in a Land Trust of an estate in fee simple in land (hereinafter in this subsection referred to as the vested land ) that constitutes, or forms part of, the land described in Schedule 2 known as the Ranger Project Area, the vested land is being occupied or used by a person as provided for by a law of the Northern Territory relating to mining for minerals or with the licence or permission of the Crown:
(a) the person is entitled to continue that occupation or use during the period commencing on that vesting and ending on:
(i) the entering into an agreement with respect to the vested land under subsection 44(2); or
(ii) the granting of an authority under the Atomic Energy Act 1953 with respect to the vested land;
whichever last occurs; and
(b) any fixtures or other improvements constructed or erected on the vested land by the person before 17 May 1978 shall, during the period commencing at the commencement of the period referred to in paragraph (a) and ending when the authority under the Atomic Energy Act 1953 , referred to in subparagraph (a)(ii), or any extension or renewal of that authority, is revoked or otherwise ceases to operate, be deemed to be the property of that person.
(2) A person who, by force of subsection (1):
(a) has a right to occupy or use land during a period; or
(b) has, during a period, a title to fixtures or other improvements constructed or erected on land;
may, with the consent of the Minister, transfer that right or title to another person and may, subject to any conditions or restrictions applicable by or under a law of the Commonwealth or of the Northern Territory, demolish or remove any such fixtures or other improvements during, or within 3 months after the expiration of, that period.