(1) If a current miners homestead application is refused on or after 1 January 1995, it is taken that no current miners homestead application was made and section 499 applies from the day of the refusal.
(2) If a current miners homestead application results in an offer being made, or if an offer has already been made, and the offer lapses under section 498 , it is taken that no current miners homestead application was made and section 499 applies from the day the offer lapses.