§246-19  Declassification.  Thirty daysafter notification to the owner by the department of taxation for noncomplianceof any law, ordinance, rule, or regulation, the director of taxation maydeclassify any land classified as wasteland development property.  Thedepartment shall notify the owner of the declassification and in that event,the director shall cancel the special tax assessment provided in section 246-18retroactive to the date that the property qualified for special tax assessmentand the difference between the real property taxes that would have become dueand payable but for such classification for all the years the land wasclassified as wasteland development property and the real property taxes paidby the owner during such period shall become immediately due and payabletogether with a five per cent a year penalty from the respective dates thatsuch additional tax would otherwise have been due. [L 1965, c 255, §8; Supp,§128-9.37; HRS §246-19]