(1) Section 155, after 'term lease'--
insert--
'for land other than rural leasehold land'.
(2) Section 155--
insert--
'(3) A term lease for rural leasehold land must not be issued for more than 30 years.
'(4) However, a term lease for rural leasehold land may be issued for a term of no more than 40 years if the Minister is satisfied the lease land is in good condition.
'(5) Also, a term lease for rural leasehold land may be issued for a term of no more than to 50 years if--
(a) the Minister considers that--
(i) the lease land is in good condition; and
(ii) land (the relevant land) that is all or part of the lease land should be the subject of a conservation agreement or conservation covenant; and
(b) a conservation agreement has been entered into, or a conservation covenant exists, for the relevant land; and
(c) if the Minister considers that it is appropriate for there to be an indigenous access and use agreement relating to the lease land--an indigenous access and use agreement relating to the land has been entered into.
'(6) This section is subject to sections 155A and 155B.'.