A category B intermediate period act is an intermediate period act consisting of the grant of a lease if:
(a) the grant is not a category A intermediate period act; and
(b) the lease is not:
(i) a mining lease; or
(ii) a lease granted by or under legislation that grants leases only to or for the benefit of Aboriginal peoples or Torres Strait Islanders; or
(iii) a lease granted expressly for the benefit of, or to a person to hold on trust expressly for the benefit of, Aboriginal peoples or Torres Strait Islanders; or
(iv) any other lease granted over particular land or waters, if at the time a lease covered by subparagraph (ii) or (iii) is in force over the land or waters.