N.J.S.A. § 54:4-2.11. — Leasehold estates existing October 1, 1949

All such leasehold estates existing on October first, one thousand nine hundred and forty-nine, shall be assessed and taxed as if said leasehold estates commenced October first, one thousand nine hundred and forty-nine.

L.1949, c. 177, p. 568, s. 9.