29 Mar 1999
AGRILA LTD. AND OTHERS v. COMMISSIONER OF RATING AND VALUATION
- Citation
- AGRILA LTD. AND OTHERS v. COMMISSIONER OF RATING AND VALUATION
- Court
- Lands Tribunal
- Case number
- LDGA22/1998
The Tribunal held that (1) rateable value for government rent must be understood in its quantum sense and is to be ascertained applying the same valuation principles as under the Rating Ordinance, but for rent assessment the requirement of rateable occupation is to be disregarded so that development sites may be valued for rent even if not assessable for rates; (2) s.2 of the Rent Regulations is not ultra vires and is to be read as empowering the Commissioner to value development sites 'as if' assessable while not altering established valuation principles or prescribing the contractor's test…