6 Mar 2001
COMMISSIONER OF RATING & VALUATION v. AGRILA LTD. AND OTHERS
- Citation
- COMMISSIONER OF RATING & VALUATION v. AGRILA LTD. AND OTHERS
- Court
- Court of Final Appeal
- Case number
- FACV1/2000
The Court held that Rent regulation 2 and the relevant Rent Ordinance provisions validly permit the Commissioner to ascertain rateable value for Government rent purposes by treating leased land as if it were a tenement liable for rates and applying ss.7 and 7A valuation assumptions; it is permissible to take account of development potential and the likelihood of completion in valuation without treating the site as a completed development; Rent regulations 4 and 5 and s.8/s.18(3) are within the powers conferred by s.34 and do not conflict with Basic Law Article 121; therefore the Commissioner’…