Rating and the extractive industries
Griffiths, R.A.
Rating and the extractive industries - 1976 - Quarry Management 3(5) May 1976, 117-120(4) .
Relates the provisions of the rating legislation to the surface extractive industries. In this context discusses the definition of a hereditament and points out that a stratum of minerals can be a separate rateable hereditament. The assessment of minerals together with buildings, plant and machinery and the site is also considered, the rateable value being based on potential rent values. An example of the calculation of net asset value for rating assessment is given and relevant cases cited.
MINERAL VALUATION
Rating and the extractive industries - 1976 - Quarry Management 3(5) May 1976, 117-120(4) .
Relates the provisions of the rating legislation to the surface extractive industries. In this context discusses the definition of a hereditament and points out that a stratum of minerals can be a separate rateable hereditament. The assessment of minerals together with buildings, plant and machinery and the site is also considered, the rateable value being based on potential rent values. An example of the calculation of net asset value for rating assessment is given and relevant cases cited.
MINERAL VALUATION