[§195H-12]  Lease provisions; generally.  Each lease issued by the authority shall contain the following provisions:

     (1)  The specific use or uses to which the land is to be employed;

     (2)  The improvements required; provided that a minimum reasonable time be allowed for the completion of the improvements;

     (3)  Restrictions against alienation;

     (4)  The rent, as established by independent appraisal or rules of the authority, or both, or at public auction, which shall be payable not more than one year in advance, in monthly, quarterly, semiannual, or annual payments;

     (5)  Where applicable, adequate protection of forests, watershed areas, game management areas, wildlife sanctuaries, and public hunting areas, reservation of rights-of-way and access to other public lands, public hunting areas, game management areas, or public beaches, and prevention of nuisance and waste;

     (6)  If the lease is for an astronomical observatory, reserved viewing or observing time in accordance with section 195H-8(b); and

     (7)  Other terms and conditions as the authority deems advisable to more nearly effectuate the purposes of the Hawaii State Constitution and of this chapter. [L 2022, c 255, pt of §2]