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
- LDGA107/1998
The Tribunal held that the Rent Ordinance and Regulations authorize ascertainment of rateable value for government rent even where there is no rateable occupation, but such ascertainment must employ the same valuation principles (quantum) as under the Rating Ordinance; the contractor's test is a permissible method but not the sole test; the developer's present intention to develop is irrelevant to the hypothetical year‑to‑year tenancy valuation; 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 valuati…