5 Nov 1983
FOOK HONG ENTERPRISES CO LTD v. COMMISSIONER OF RATING AND VALUATION
- Citation
- FOOK HONG ENTERPRISES CO LTD v. COMMISSIONER OF RATING AND VALUATION
- Court
- Lands Tribunal
- Case number
- LDRA39/1983
The Tribunal held the correct date for ascertaining rateable value is the date the Valuation List comes into effect (1 April 1977); hindsight evidence of actual rentals during and after the projection period is admissible under the Bwllfa principle; the Commissioner erred as a matter of law by failing to use available post-projection rental evidence and by making an unreasonable conservative projection; where such a projection is materially erroneous it may be corrected on appeal and the Tribunal set the rateable values accordingly.