Trust Company Limited ATF Opera House Car Park Infrastructure Trust No 1 v The Valuer-General [2010] NSWLEC 161

Reported Decision : 178 LGERA 1

Land and Environment Court of New South Wales

CITATION : Trust Company Limited ATF Opera House Car Park Infrastructure Trust No 1 v The Valuer-General [2010] NSWLEC 161

APPLICANT PARTIES : Trust Company Limited ATF Opera House Car Park Infrastructure Trust No 1 RESPONDENT The Valuer-General

FILE NUMBER(S) : 30932 of 2008; 30934 of 2008; 30935 of 2008; 30936 of 2008

CORAM: Pain J

KEY ISSUES: VALUATION OF LAND :- whether Opera House car park lot a stratum or land - meaning of stratum - whether boundaries of lot defined or definable by reference to improvements - whether lot is land which must be valued accordingly under Valuation of Land Act 1916

Bennelong Point (Parking Station) Act 1985 s 6, 7, 8, Sch 1, Sch 2 Conveyancing Act 1919 s 88B, 196C Interpretation Act 1989 s 21, 34(2) LEGISLATION CITED: Land Tax Management Act 1956 Local Government Act 1993 s 494, 498, 555(1)(a), s 560(2) Public Works Act 1912 Valuation of Land Act 1916 s 4, 6A, 7, 7B, 14A, 14B, 37 Valuation of Land and Local Government (Amendment) Act (No.66) 1961

Commissioner for Railways, Sydney City Council and Wynyard Holdings Ltd v Valuer-General (1973) 26 LGRA 1 Commissioner for Railways v Valuer-General and Sydney City Council [1961] NSWR 977; (1961) 6 LGRA 237 CASES CITED: Gollan v Randwick Municipal Council [1961] AC 82; (1960) 6 LGRA 275 Hurstville Super Centre v V-G [1966] 2 NSWR 106; (1966) 13 LGRA 56 Sheath v Valuer-General [1964] NSWR 967; (1963) 10 LGRA 20 Trust Company v Valuer-General [2007] NSWCA 181; (2007) 154 LGERA 437