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
- LDGA8/1998
Section 2 of the Rent Regulations is ambiguous if read literally but must be construed to make development sites liable to government rent while preserving the established Rating Ordinance valuation principles in the quantum sense; the contractor's test is a permissible method but not the sole method of valuation; the developer's present intention to develop is irrelevant to valuation for rent; sections 4 and 5 of the Rent Regulations are ultra vires to the extent they adopt the 'last ascertained rateable value' as the basis for rent assessment for redevelopment and conflict with Basic Law Ar…