(1) The following provisions apply for all overlapping areas—
(a) section 121;
(b) part 2, division 3;
(c) part 3, other than section 143;
(d) part 4;
(e) part 6, divisions 1, 2 and 5.
(2) The resource authority holders for an overlapping area may agree that provisions of this chapter, other than the provisions mentioned in subsection (1), do not apply for the overlapping area.