(1) Where the estate or interest of the Director in any land ceases to exist by virtue of subsection 12(2A), the Director is entitled, by virtue of this section, to continue his or her occupation of the land for the purposes of Division 4 of Part 15 of the Environment Protection and Biodiversity Conservation Act 1999 and, during that period of occupation, any buildings or improvements on the land shall be deemed to be the property of the Director.
(1A) Subsection (1) does not apply to an estate or interest of the Director in land described under the heading "JABIRU" in Part 4 of Schedule 1.
(2) Nothing in subsection (1) prevents the granting by a
Land Trust of a lease to the Director of land to which this section applies
and, if such a lease is granted, the land ceases to be land to which this
section applies.