4 Apr 2012
WESTPARK MARINA LIMITED V AUCKLAND COUNCIL HC AK CIV-2011-404-004384
- Citation
- openlaw-8d022759_e7a4_4871_8d70_99ecd38abf50.pdf
- Court
- High Court
Section 21 does not automatically bar consideration of leases in rating valuations but where lease and statutory restrictions are consistent with and facilitative of the highest and best use (marina) they do not reduce the Council's fee simple land value; reclaimed ground did not justify the large reductions claimed because likely development requires only raft foundations so only minor adjustment was warranted; appeal dismissed.