Krisgay Pty Limited v The Valuer-General [2007] NSWLEC 600

Reported Decision : Notice of Appeal filed 18/01/2008 159 LGERA 29

Land and Environment Court of New South Wales

CITATION : Krisgay Pty Limited v The Valuer-General [2007] NSWLEC 600 This decision has been amended. Please see the end of the judgment for a list of the amendments.

APPLICANT: Krisgay Pty Limited PARTIES : ACN 003 519 417

RESPONDENT: Valuer General

FILE NUMBER(S) : 30412 of 2006

CORAM: Biscoe J

KEY ISSUES: Valuation of Land :- construction of definition of "heritage valuation" in s 123 Heritage Act 1977 (NSW) – method of assessing heritage valuation – method of assessing land value – method of assessing heritage allowance

LEGISLATION CITED: Heritage Act 1977 ss 123, 124, 125, 126, 127 Valuation of Land Act 1916 ss 6A, 14G, 34(1)(a), 37, 40(2)

AMP Henderson Global Investors v Valuer-General (2004) 134 LGERA 426; Australian Mutual Provident Society v Overseas Telecommunications Commission Australia [1972] 2 NSWLR 806; Commissioner for ACT Revenue v Rosnet Pty Ltd (1994) 83 LGERA 440; Commonwealth Custodial Services Ltd v Valuer-General of New South Wales [2006] NSWLEC 775; Commonwealth Custodial Services Pty Ltd v Valuer-General (NSW) (2006) 148 LGERA 38; CASES CITED: James v Valuer-General (1942) 15 LGR (NSW) 110; Maurici v Chief Commissioner of State Revenue (2003) 212 CLR 111; McCathie v Federal Commissioner of Taxation (1944) 69 CLR 1; Myer (SA) Stores Ltd v Valuer-General (1986) 60 LGRA 158; Toohey's Ltd v Valuer-General [1925] AC 439; Trust Company of Australia Ltd v Valuer General [2007] NSWCA 181; Valuer-General v Fenton Nominees Pty Ltd (1982) 150 CLR 160