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
- LDGA16/1998
The Tribunal held that the Rent Regulations' section 2 is not ultra vires and must be read to make development sites liable to assessment for government rent, but rateable value for rent must be ascertained in its quantum sense applying the same valuation principles as under the Rating Ordinance save that the requirement of rateable occupation is to be disregarded. The contractor's test is a permissible method but not the exclusive method. The intention of developers to undertake future development is irrelevant to the hypothetical year-to-year tenancy valuation. Sections 4 and 5 of the Rent…