Section 11 AAC 58.825 - Youth encampment exemption(a) An exemption from lease payments will be granted by the director for an eligible lessee, upon written request to the director by the lessee.(b) A complete exemption from lease payments may be granted only if the lessee signs a sworn statement that the land is reasonably necessary for and is used for a youth encampment as defined in 11 AAC 58.910(31). In the event the leasehold is used for another purpose, the lessee shall pay the amount that would have been due had the exemption not been granted.(c) In determining a lessee's qualification for exemption, the director will, in his discretion, liberally interpret the applicable statutes and regulations.Eff. 3/30/83, Register 85As of Register 199 (October 2011), the regulations attorney made a technical revision under AS 44.62.125(b)(6), to 11 AAC 58.825(b).
Authority:AS 38.05.020
AS 38.05.035
AS 38.05.097
AS 38.05.810