(1)  The land described in column 2 of the table set out at the end of clause 2 of Schedule 1  –

(a) can be proposed as reserves for the purposes of this Act; and

(b) is to be known as "the future reserve land".

(2)  The following provisions apply to the future reserve land:

(a) no activities referred to in column 5 of the table set out at the end of clause 2 of Schedule 1 can be authorised, approved or permitted by any person, pursuant to the performance or exercise of functions or powers under any written law, on the land described in column 2 of the table set out at the end of clause 2 of Schedule 1 from the commencement of this Schedule until Schedule 1 is repealed under section 21(11) or 22(5) or a proclamation is made under section 25(21) in relation to the land;

(b) the certified forest practices plans specified in column 6 of the table set out at the end of clause 2 of Schedule 1 are revoked on the date referred to in that column;

(c) the forestry covenants or forestry rights specified in column 7 of the table set out at the end of clause 2 of Schedule 1 are suspended and a person must not do anything required, authorised or permitted by those covenants or rights for so long as the land remains the future reserve land.

(3)  Except as provided in subsection (2) , subsection (2) does not extinguish or otherwise affect the right to commence or carry on any activity on the future reserve land authorised, approved or permitted before the commencement of this section.

(4)  Subject to subsection (2) , the managing entity of the future reserve land can continue to perform or exercise its functions or powers, or discharge its obligations, in relation to that land.

(5)  Notwithstanding subsection (4) , the managing entity of the future reserve land cannot, for so long as the land remains future reserve land, sell, transfer or convey that land to any other person.

(6)  Notwithstanding subsection (4) , the managing entity of the future reserve land cannot, for so long as the land remains future reserve land, grant or create a right or interest over that land for a period exceeding, or capable of exceeding, 12 months without the written permission of the Nature Conservation Minister or a person approved by that Minister.

(7)  For the purposes of this section –

date means a given date, act or event or a day reckoned by a period of time from a given date, act or event;

managing entity , in relation to the future reserve land, means the person in whom is vested the management or ownership of that land and includes the Crown.