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Court of Appeal Wellington
21 April; 22 June 1999
Gault, Henry, Thomas, Blanchard and Tipping JJ
21 April; 22 June 1999
Gault, Henry, Thomas, Blanchard and Tipping JJ
Property law — Lease — Rent review — Perpetually renewable ground lease — Whether heritage listing of building to be taken into account in valuing ground rent — Glasgow lease — “Ground rent”.
Resource management — Designation — Heritage designation — Whether designation to be taken into account when valuing ground rent on rent review — Historic Places Act 1993.
Valuation of land — Valuation for rental purposes — Perpetually renewable ground lease — Whether heritage listing of building to be taken into account in valuing ground rent — Glasgow lease — “Ground rent”.