(a) Before offering to the public any land for lease which is subject to a valid existing United States Forest Service permit in effect in a state-selected area on the day before the area was tentatively approved for patent to the state, the director shall offer the land for leasing to the permittee at not less than its fair appraised market value before offering it to the general public.
(b) When not in conflict with this section, the provisions of AS 38.05.070 - 38.05.105 apply to leases under this section.