Maurici v Chief Commissioner of State Revenue [2005] NSWLEC 20

Land and Environment Court of New South Wales

CITATION : Maurici v Chief Commissioner of State Revenue [2005] NSWLEC 20

APPLICANT Anthony Maurici

PARTIES : RESPONDENT Chief Commissioner of State Revenue

FILE NUMBER(S) : 30199A of 1999

CORAM: Nott C

Valuation of Land :- "Land value" of a waterfront residential property at Woolwich - methods of valuation - scarcity factor - improvements increment - movement in the market - effect of a development consent on land value - adjustments for size and other features of the comparable sales - weighing sales according to reliability. KEY ISSUES:

Land Tax Management Act 1956 LEGISLATION CITED: Taxation Administration Act 1966 Valuation of Land Act 1916

AMP Henderson Global Investors Ltd v Valuer-General [2004] NSWCA 19; (2004) 134 LGERA 426; Barmuncol Pty Ltd v Maroochy Shire Council (1983) LGRA 309 Daadine Pastoral Co Proprietary Ltd v Commissioner of Land Tax (1943) 7 The Valuer 299 at 304; Duffy v Minister for Planning [2003] WASCA 294 (2003) 129; LGERA 271; Eaton & Sons Pty Ltd v Warringah Shire Council (1972) 129 CLR 270 at 293; Federal Commissioner of Land Tax v Duncan (1915) 19 CLR 551; Flack v Valuer-General (1952) 18 LGR (NSW) 157 at 158; Guideline Drafting and Design v Marrickville Municipal Council (1988) 64 LGRA 275; Illawarra Meat (Developments) Pty Ltd v Valuer-General (Rath J 10 March 1978); MLC Properties Pty Ltd v Chief Commissioner of State Revenue [1999] NSWLEC 300 at [21] and [38]; Maurici v Chief Commissioner of State Revenue [1999] NSWLEC 299 (Nott C); Maurici v Chief Commissioner of State Revenue [1999] NSWLEC 282; (1999) 105 LGERA 318 (Cowdroy J); CASES CITED: Maurici v Chief Commissioner of State Revenue [2001] NSWCA 78; (2001) 51 NSWLR 673; Maurici v Chief Commissioner of State Revenue [2003] HCA 8; (2003) 212 CLR 111; McCathie v Federal Commissioner of Taxation [1944] HCA 9 (1944) 69 CLR 1 at 15; Nap Nap Station Pty Ltd v Valuer-General (1969) 72 LGRA 293; Nock v Minister for Capital Territory (1982) 48 LGRA 293; Parramatta City Council v Shell Co. of Australia Ltd [1972] 2 NSWLR 632 at 637; Rodgers v Value-General No. 30457 of 1991, 7 November 1991; Royal Sydney Golf Club v Federal Commissioner of Taxation (1955) 91 CLR 610; Strongsville Board of Education and City of Strongsville v Auditor and Board of Revision of Cuyahoga County and Hewlett Packard Co (Nos 1996-N-595 & 596, Ohio Board of Tax Appeals, 30 July 1999); Tetzner v Colonial Sugar Refining Co Ltd [1958] AC 50; Torpey Vander Have Pty Ltd v Mass Constructions Pty (2002) 55 IPR 542, [2002] NSWCA 263 at [13]-[18]; Valuer-General v Fenton Nominees Pty Ltd (1982) 150 CLR 160; Venti Seven Pty Ltd v Chief Commissioner of State Revenue [2000] NSWLEC 285 at [4]-[6].