000			01679cab a2200241 4500
001			ABS37347
008			090401t1986 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u3832
041			_aeng
245			_aImperial College of Science and Technology v Ebdon and Westminster City Council
260			_c1986
300			_a(See also Abstract 34237)
350			_a0
490			_aRating Appeals _v1986 RA 233-247(8)
520			_aCA 13 November 1986. This was an appeal by the rating authority, Westminster City Council, against a decision of the Lands Tribunal, where the contractor`s basis of valuation was applied to determine the gross value and rateable value of a hereditament occupied by Imperial College, London. The rating authority contended that the Lands Tribunal departed from the accepted method of arriving at the decapitalisation rate , as a result of which, too low a rate resulted. In particular, the rating authority submitted that the Lands Tribunal had erred in its reference to "an interest rate fixed from year to year", the allowance for inflation, the "borrower`s premium" and other comparable assets. In the CA, it was held, dismissing the appeal from the rating authority, that the Lands Tribunal had not erred in law on the contractor`s basis of valuation in; the assessment of rent, the rate of interest, discounting the effect of inflation, adopting a 1% borrower`s premium, taking into account dec
650			_aAMERICAN SCHOOL IN LONDON V GOODWIN (VO)
650			_aEDUCATIONAL BUILDINGS
650			_aRATING APPEAL
650			_aWESTMINSTER CITY COUNCIL V
690			_aRATING AND VALUATION-CASE LAW
942			_n0
948			_c04/03/1997
999			_c2323 _d2323