4 Sept 2014
TSAN LUK YUK YIN v. THE SECRETARY FOR THE ENVIRONMENT, TRANSPORT AND WORKS
- Citation
- TSAN LUK YUK YIN v. THE SECRETARY FOR THE ENVIRONMENT, TRANSPORT AND WORKS
- Court
- Lands Tribunal
- Case number
- LDMR3/2005
Tribunal applied statutory minimum interest rates: lowest 24-hour call deposit rate for the 1st, 3rd and 4th Periods (with the 2nd Period fixed by the specific statutory provision on 2 July 2000); it found applicant had not shown good reason to depart from the minimum for the 1st Period and had behaved unreasonably for the later periods so as to displace the presumption of Prime+1%, therefore applying the statutory minima; under s.30(3) Cap.370 the compensation award did not exceed the respondent's earlier offer and the applicant failed to prove special reasons, so the applicant must bear its…