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
- LDGA30/1998
Tribunal held that section 2 of the Rent Regulations is not ultra vires but must be read to require valuation on the same principles and basis as under the Rating Ordinance in the quantum sense while disregarding the requirement of rateable occupation (i.e. sites may be valued though not ratable); the contractor's test is an admissible method but not the sole or mandatory method; the developer's present intention to develop is irrelevant to valuation; sections 4 and 5 of the Rent Regulations are ultra vires and void to the extent they adopt the 'last ascertained rateable value' as the basis f…