(c)

1. (1) For the purposes of determining whether the property is used for the actual operation of the exempt activity as required by subdivision (a), consideration shall not be given to the use of the property for either of the following:

   1. (A) Activities resulting in direct or in-kind revenues, provided that the activities further the conservation objectives of the property as provided in a qualified conservation management plan for the property. These revenues include those revenues derived from grazing leases, hunting and camping permits, rents from persons performing caretaking activities who reside in dwellings on the property, and parking and admission fees collected for purposes of public enjoyment.
   2. (B) Any lease of the property for a purpose that furthers the conservation objectives of the property, as provided in a qualified conservation management plan for the property.
2. (2) The activities and lease described in paragraph (1) may not generate unrelated business income.

3. (3) For purposes of this subdivision, a “qualified conservation management plan” means a plan that satisfies all of the following:

   1. (A) Identifies both of the following:

      1. (i) That the foremost purpose and use of the property is for the preservation of native plants or animals, biotic communities, geological or geographical formations of scientific or educational interest, tribal traditional knowledge, or as open-space lands used solely for recreation and for the enjoyment of scenic beauty.
      2. (ii) The overall conservation management goals, including, but not limited to, identification of permitted activities, and actions necessary to achieve those goals.

   2. (B) Describes both of the following:

      1. (i) The natural resources, tribal traditional knowledge, and recreational attributes of the property.
      2. (ii) Potential threats to the conservation values or areas of special concern.
   3. (C) Contains a timeline for planned management activities and for regular inspections of the property, including existing structures and improvements.