(1)  Any instrument made under any Act or the royal prerogative that reserves, or sets aside, land the whole of which is within the Parliamentary precinct redevelopment site or adjoining laneway, or both, is revoked.

(2)  Any instrument made under any Act or the royal prerogative that reserves, or sets aside, land only part of which is within the Parliamentary precinct redevelopment site or adjoining laneway, or both, has no effect in relation to the area of land that is within the Parliamentary precinct redevelopment site or adjoining laneway, or both.