ยง246-11ย  Water tanks.ย  Any provision tothe contrary notwithstanding, any tank or other storage receptacle required byany government agency to be constructed or installed on any taxable realproperty before water for home and farm use is supplied, and any other watertank, owned and used by a real property taxpayer for storing water solely forthe real property taxpayer's own domestic use, shall be exempted in determiningand assessing the value of such taxable real property. [L Sp 1957, c 1, ยง14(d);Supp, ยง128-9.1; HRS ยง246-11; gen ch 1985]