000 01240cab a2200253 4500
001 ABS51316
008 090401t1994 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u21605
041 _aeng
245 _aNorthampton BC v Heard (VO)
260 _c1994
350 _a0
490 _aRating & Valuation Reporter
_v(1994) 34 RVR 105-108(4)
520 _aLVT 5 April 1994. The premises were described in the valuation list as an `entertainment centre and premises`. It was used as a theatre/concert hall. Dispute arose as to the method of valuation to arrive at the rateable value under Local Government Finance Act 1988 sch 6. The VO used the contractors` method, applying the statutory 6% decapitalisation rate to get a replacement cost of £9,066,604 and rv of £543,966. The ratepayer contended that the valuation should be 5% of the assumed turnover of £1,400,000 ie £70,000. The tribunal held in favour of the ratepayer.
650 _aCONCERT HALL
650 _aCONTRACTORS METHOD
650 _aDECAPITALISATION RATE
650 _aENTERTAINMENT CENTRE
650 _aLOCAL GOVERNMENT FINANCE ACT 1988 SCH 6
650 _aRATING APPEALS
690 _aRATING AND VALUATION-CASE LAW
942 _n0
948 _c04/03/1997
999 _c14498
_d14498