75Rate relief

75 Rate relief (1) If under an agreement a land owner is required to preserve land in its natural present state and in the Minister's opinion it is not economically feasible to do so unless rate relief in respect to the land is provided, the Minister may recommend to a rating authority that the whole or part of the rates payable in respect to the land be remitted. (2) On receiving a recommendation in accordance with subsection (1) the rating authority may remit the rates in accordance with the recommendation. S. 75(3) amended by No. 31/1994 s. 3(Sch. 1 item 12.2). (3) The Minister may if the Minister thinks fit reimburse (out of moneys available for the purpose) the whole or part of the amount of the rates remitted to the rating authority which under this section remitted the rate.