Lothian Regional Assessor v BP Petroleum Development Ltd and Another
Lothian Regional Assessor v BP Petroleum Development Ltd and Another
- 1989
- Rating Appeals (1989) RA 5-41(19) .
Lands Valuation Appeal Court 21 July 1988 Appeal from LT for Scotland determining the assessments of oil facilities. Upheld the LT`s decision, which in determining the assessments, rejected evidence of comparables in England and Wales and preferred contractor`s principle valuation s applying a 7.25% decapitalisation rate to agreed effective capital values.
MARINE STRUCTURES
OIL TERMINAL
RATING APPEALS
Lands Valuation Appeal Court 21 July 1988 Appeal from LT for Scotland determining the assessments of oil facilities. Upheld the LT`s decision, which in determining the assessments, rejected evidence of comparables in England and Wales and preferred contractor`s principle valuation s applying a 7.25% decapitalisation rate to agreed effective capital values.
MARINE STRUCTURES
OIL TERMINAL
RATING APPEALS