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
- LDGA57/1998
The Tribunal held that rateable value for government rent is to be ascertained in the quantum sense applying the principles of the Rating Ordinance (including common law valuation principles) but disregarding the requirement of rateable occupation; the contractor's test is a permissible method but not the exclusive basis; the developer's present intention to develop is irrelevant to the hypothetical year‑to‑year tenancy valuation; sections 2, 6, 8 and 34 of the Rent Ordinance and section 2 of the Rent Regulations are valid as authorising ascertainment of rateable value in the quantum sense, b…