The State Board may grant a waiver from § 9–102(3) of this title to a public charter school if the public charter school: Is located on property within a federal military base in the State; and Will admit students with parents who are not assigned to the base to at least 35% of its total available space as part of the initial cohort of students in a grade. If a public charter school is granted a waiver under subsection (a) of this section, subject to the requirement set forth in subsection (a)(2) of this section, the public charter school shall: Admit all students on a lottery basis in accordance with § 9–102.2 of this title; and Take reasonable steps to maintain the 35% to 65% ratio intended as part of the initial cohort of students in a grade.