The Secretary may approve an exchange only after making a determination that the exchange will advance the interests of the beneficiaries. In considering whether a land exchange will advance the interests of the beneficiaries, the Secretary will evaluate the extent to which it will:

1. (a) Achieve better management of Hawaiian home lands;

2. (b) Meet the needs of HHCA beneficiaries and their economic circumstances by promoting:

   1. (1) Homesteading opportunities,
   2. (2) economic self-sufficiency, and,
   3. (3) social well-being;
3. (c) Promote development of Hawaiian home lands for residential, agricultural, and pastoral use;
4. (d) Protect cultural resources and watersheds;
5. (e) Consolidate lands or interests in lands, such as agricultural and timber interests, for more logical and efficient management and development;
6. (f) Expand homestead communities;
7. (g) Accommodate land use authorizations;
8. (h) Address HHCA beneficiary needs; and
9. (i) Advance other identifiable interests of the beneficiaries consistent with the HHCA.