25 Jun 1985
CAMERON PROPERTIES LIMITED v. DIRECTOR OF BUILDING DEVELOPMENT
- Citation
- CAMERON PROPERTIES LIMITED v. DIRECTOR OF BUILDING DEVELOPMENT
- Court
- Lands Tribunal
- Case number
- LDDA1/1985
The Tribunal held the appeal: where land is zoned for public open space removing redevelopment potential, valuation must be based on capitalized statutory rents plus the deferred reversionary value that Government would pay (ignoring zoning), taking into account likely delay before surrender; under that approach the value after service of the re‑development notice does not exceed the value before the demolition order and the Director's assessment failed to properly account for these factors, so the appeal is allowed.