Plaintiff appeals from a decision of the Tax Court which affirmed a determination by the Director of the Division of Taxation. The Director decided that plaintiff’s sales tax exemption was not retroactive but was effective as of the date of its application for exemption. We now affirm the decision of the Tax Court essentially for the reasons expressed by Judge Lasser in his decision dated May 17, 1985 and reported at 7 N.J.Tax 421 (Tax Ct. 1985).

Affirmed.