Subject to sections 115 and 117, any interest in land acquired by a project authority under section 112 vests in the Crown under section 24 of the Land Acquisition and Compensation Act 1986 despite anything to the contrary in that Act unless—
(a) the land was Crown land before its acquisition; and
(b) the project authority declares in the notice of acquisition that the project authority is acquiring the interest in fee simple in the land.