as proceeds from the sale of land. For purposes of this subsection, the fair market value of lands to be transferred by States or a unit of local government may be based upon a statement of value prepared by a qualified appraiser. (b) Terms and conditions applicable to reversionary interest Other non-Federal lands selected under this subsection by a grantee described in subsection (a) shall be subject to the activities defined as permissible under parts 2920 and 2930 of title 43, Code of Federal Regulations, shall be permissible. 8. Limitations for administrative costs Amounts deposited in the special account created by this Act shall be expended by the Secretary concerned for reimbursement of— (1) costs incurred by the local offices of the Bureau of Land Management and the Forest Service in arranging sales, conveyances, or exchanges under this Act