Perisher Blue Pty Limited as Trustee for the Snow Trust v Valuer General [2023] NSWLEC 41

Land and Environment Court New South Wales

Medium Neutral Citation: Perisher Blue Pty Limited as Trustee for the Snow Trust v Valuer General [2023] NSWLEC 41 Hearing dates: 22, 23, 24 and 27 February 2023 Date of orders: 14 April 2023 Decision date: 14 April 2023 Jurisdiction: Class 3 Before: Duggan J Decision: See paragraphs 86 and 87 Catchwords: VALUATION OF LAND – appeal against valuations by Valuer General – s 6A(1) of Valuation of Land Act 1916 (NSW) – valuation methodology – highest and best use for development of a ski resort – comparable sales and adjustments – impact of National Parks and Wildlife Act 1974 (NSW) – appeal allowed Legislation Cited: Valuation of Land Act 1916 (NSW) National Parks and Wildlife Act 1974 (NSW) Cases Cited: Lenz Nominees Pty Ltd v The Commissioner of Main Roads [2012] WASC 6 Maurici v Chief Commissioner of State Revenue (2003) 212 CLR 111 Perilya Broken Hill Ltd v Valuer-General [2015] NSWCA 400 Royal Sydney Golf Club v Federal Commissioner of Taxation (1955) 91 CLR 610 Valuer-General of New South Wales v Fivex Pty Ltd (2015) 206 LGERA 450 Category: Principal judgment Parties: Perisher Blue Pty Limited as Trustee for the Snow Trust (Applicant) Valuer General (Respondent) Representation: Counsel: M Seymour (Applicant) R White and B Goodyear (Respondent)

Solicitors: Allens Linklaters (Applicant) NSW Crown Solicitor's Office (Respondent) File Number(s): 2021/00220885 and 2021/00220886 Publication restriction: No