The State Fiscal Accountability Authority shall convey to the State Commission of Forestry certain wastelands now owned by such authority or hereafter owned by the State, as in the judgment of the authority may be to the interest of the State for forestry development, reforestation or other uses of the State Commission of Forestry.
Upon the sale of trees, timber or other articles or things upon such lands conveyed to the Commission by the Board or upon the sale of such lands so conveyed, the Commission shall pay to the Board a sum equal to the amount chargeable against such lands at the time of such conveyance.