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Lothian Regional Assessor v BP Petroleum Development Ltd and Another

Language: English Series: Rating Appeals ; (1989) RA 5-41(19)Publication details: 1989Subject(s): Summary: 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.
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Law report London Journal article ABS40546 (Browse shelf(Opens below)) 1 Available 24652-1001

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.