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
- LDGA109/1998
Tribunal held that rateable value for government rent is a quantum concept to be ascertained applying the principles of the Rating Ordinance but that the question of rateable occupation is to be disregarded for rent assessment purposes (i.e. sites may be assessed for rent even if not liable for rates); the contractor's test is not the sole method of valuation and assumptions (including that the land is a vacant building site in its actual existing state and the statutory terms of hypothetical tenancy) govern valuation; section 2 of the Rent Regulations is to be interpreted as enabling ascerta…