45.2.2. Section 45.1 does not apply(1) to a reserve or that part of a reserve resulting from a sale, a transfer or a waiver by the Minister that occurred before 12 December 1991;
(2) to a reserve or that part of a reserve which, on 12 December 1991, is the subject of an offer of sale or transfer by the Minister in favour of a person other than the holder of the letters patent or notarial deed or his successors, if the offer is accepted before the date on which it expires.