; Limitation (1) Transferability A bidding right issued for a coal preference right lease application under the Mineral Leasing Act ( 30 U.S.C. 181 et seq.) shall be fully transferable to any other person. (2) Notification of Secretary A person who transfers a bidding right shall notify the Secretary of the transfer by any method determined to be appropriate by the Secretary. (3) Effective period (A) In general A bidding right issued under the Mineral Leasing Act ( 30 U.S.C. 181 et seq.) shall terminate on the expiration of the 7-year period beginning on the date the bidding right is issued. (B) Tolling of period The 7-year period described in subparagraph (A) shall be tolled during any period in which exercise of the bidding right is precluded by temporary injunctive relief granted under, or administrative, legislative, or judicial suspension of, the Federal coal leasing program. (f) Deadline If an existing settlement of a coal preference right lease application has not been implemented as of the date of enactment of this Act, not later than 180 days after that date of enactment, the Secretary shall complete the bidding rights valuation process in accordance with the terms of the settlement. 3. Certain land selections of the Navajo Nation (a) Cancellation of certain selections The land selections made by the Navajo Nation pursuant to Public Law 93–531 (commonly known as the Navajo-Hopi Land Settlement Act of 1974 ) ( 25 U.S.C. 640d et seq.) that are depicted on the map entitled Navajo-Hopi Land Settlement Act Selected Lands and dated April 2, 2015, are cancelled. (b) Authorization for new selection (1) In general Subject to paragraphs (2), (3), and (4) and subsection (c), the Navajo Nation may make new land selections in accordance with the Act referred to in subsection (a) to replace the land selections cancelled under that subsection. (2) Acreage cap The total acreage of land selected under paragraph (1) shall not exceed 15,000 acres of land. (3) Exclusions The following land shall not be eligible for