This Act is applicable to the claim holder except that(1) with respect to claims to have been the subject of a renunciation pursuant to the second paragraph of section 75 of the Mining Act (chapter M-13), the amounts disbursed by the holder to perform work in respect of the claims shall be credited to the other claims also held by the holder in equal proportion and within the limits set out in section 76 of this Act, provided he makes an application to that effect within 180 days after 24 October 1988; (2) the rules set out in paragraphs 1, 3 and 7 of section 347 of this Act, adapted as required, apply to the claim.