(1) In this section, "marginal coal mine" means a coal mine in the State being worked for the purpose of the production of coal and in respect of which the Minister for Communications, Energy and Natural Resources gives a certificate stating that that Minister is satisfied that the profits derived or to be derived from the working of that mine are such that, if tax is to be charged on those profits in accordance with the Income Tax Acts, other than this section, the mine is unlikely to continue to be worked.
(2) The Minister for Finance, after consultation with the Minister for Communications, Energy and Natural Resources, may direct in respect of a marginal coal mine that for any particular year of assessment the tax chargeable on the profits of that mine shall be reduced to such amount (including nil) as may be specified by the Minister for Finance.
(3) Where a person is carrying on the trade of working a coal mine in respect of which the Minister for Finance gives a direction under
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