16 Jan 2015
PENNY’S BAY INVESTMENT COMPANY LTD v. DIRECTOR OF LANDS
- Citation
- PENNY’S BAY INVESTMENT COMPANY LTD v. DIRECTOR OF LANDS
- Court
- Lands Tribunal
- Case number
- LDMR23/1999
Leave to appeal was granted only where the grounds raised arguable points of law—principally interpretation and application of the CFA judgment and valuation methodology (hope value, enhancement value and effect of legal assumptions); grounds that attacked the Tribunal's factual assessments or constituted differences of opinion about valuation adjustments were dismissed as lacking reasonable prospects of success.