118. If, immediately before the commencement day, an application had been made in accordance with section 171 or 172 of the Principal Act for the grant of a further lease of Territory Land, but the Executive had not granted the applicant a further lease—
(a) in the case of an application for the grant of a further residential lease—section 171 as amended by this Act applies in relation to the grant of the lease;
(b) in the case of an application for the grant of a rural lease—section 171A as amended by this Act applies in relation to the grant of the lease; or
(c) in any other case—section 172 as amended by this Act applies in relation to the grant of the lease.