Best Origin Ltd v. Commissioner of Rating and Valuation

Read the full judgment text of CACV 67/2008 on BabelCite. This Court of Appeal judgment was delivered on 19 November 2010.

1. Rating law has a long history.  Its foundation is the Poor Relief Act of 1601 which imposed a liability on, amongst others, occupiers of a parish to contribute a sum, assessed annually, for the relief of the poor.  In 1836, the Parochial Assessment Act of 1836 was passed, as its preamble stated, because, “it is desirable to establish one uniform mode of rating … and to lessen the costs of appeal against an unfair rate”.  The uniform mode adopted was the hypothesis of an annual tenancy.  Lord

Cites 2 cases

Please refer to FACV21/2011 for the relevant appeal(s) to the Court of Final Appeal.
Case No.CACV 67/2008
Court
Court of Appeal
Date19 Nov 2010
Judge
Case Document
100%Judiciary

CACV 67/2008

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF APPEAL

CIVIL APPEAL NO. 67 OF 2008

(ON APPEAL FROM LDGA NO. 14 OF 1998)

____________

BETWEEN

BEST ORIGIN LIMITED Appellant
and
COMMISSIONER OF RATING AND VALUATION Respondent

____________

Before: Hon Tang Ag CJHC, Kwan JA and A Cheung J in Court

Dates of Hearing: 4 - 8 October 2010

Date of Judgment: 19 November 2010

_______________

JUDGMENT

_______________

Hon Tang Ag CJHC:

Introduction

1.Rating law has a long history.  Its foundation is the Poor Relief Act of 1601 which imposed a liability on, amongst others, occupiers of a parish to contribute a sum, assessed annually, for the relief of the poor.  In 1836, the Parochial Assessment Act of 1836 was passed, as its preamble stated, because, “it is desirable to establish one uniform mode of rating … and to lessen the costs of appeal against an unfair rate”.  The uniform mode adopted was the hypothesis of an annual tenancy.  Lord Parmoor said in Poplar Assessment Committee v Roberts [1922] 2 AC 93 at 120:

“Prior to 1836, the same method was generally adopted in practice, although it cannot be said that this was universally the case.”

2.In Railway Assessment Authority v Southern Railway [1936] AC 266 at 273 Viscount Hailsham LC explained:

“… this method of assessing liability for rates was no doubt very suitable for the simple conditions which prevailed in the reign of Queen Elizabeth ; but when it was sought to apply it to modern conditions, and especially to the assessment of great public utility undertakings, such as railways, waterworks, gasworks and the like, whose operations might easily extend over great areas, stretching far beyond the limits of any individual parish, the greatest difficulty was found in adapting the statutory provisions to the facts of such a case.”

3.We are concerned with some of the difficulties in adapting the relevant statutory provisions to the facts of this case.  The difficulties are less daunting when one recalls Lord Pearce’s observation in Dawkins (Valuation Officer) v Ash Brothers and Heaton Ltd [1969] 2 AC 366, 381H:

“Rating seeks a standard by which every hereditament in this country can be measured in relation to every other hereditament. It is not seeking to establish the true value of any particular hereditament, but rather its value in comparison with the respective values of the rest. Out of various possible standards of comparison it has chosen the annual letting value. ... So one must assume a hypothetical letting (which in many cases would never in fact occur) in order to do the best one can to form some estimate of what value should be attributed to a hereditament on the universal standard, namely a letting ‘from year to year.’”

The lease

4.The lease in respect of Inland Lot No.8874, Electric Road, Hong Kong (“the Site”) was purchased by the appellant, Best Origin Limited (“Best Origin”), at an auction. 

5.The conditions of lease required Best Origin to demolish the existing building on the Site within 9 months of the Conditions of Sale, and to erect on the Site a building(s) on or before 31 December 2000 with a minimum gross floor area of 11,000 square metres.  Since 6 December 2000, a 35-storey building known as 148 Electric Road has been erected on the Site.

6.The lease is an applicable lease under the Government Rent (Assessment and Collection) Ordinance, Cap. 515 (“GRACO”), and as such, Best Origin:

“(1) … is liable to pay by way of Government rent to the Commissioner in accordance with this Ordinance an annual rent of an amount equal to 3% of the rateable value of the land leased.” Section 6(1) of GRACO.

“(2) The Rating Ordinance (Cap 116) applies to the ascertainment of rateable values under this Ordinance subject to any specific provisions of this Ordinance.” Section 8(2) of GRACO

7.Sections 7(2) and 7A(2) of the Rating Ordinance, Cap. 116, are important. 

8.Section 7(2) requires rates to be assessed on the basis of a hypothetical yearly tenancy and provides:

“7(2) The rateable value of a tenement shall be an amount equal to the rent at which the tenement might reasonably be expected to let, from year to year, if-

(a) the tenant undertook to pay all usual tenant's rates and taxes; and

(b) the landlord undertook to pay the Government rent, the costs of repairs and insurance and any other expenses necessary to maintain the tenement in a state to command that rent.”

9.Section 7A(2) of the Rating Ordinance embodies the rebus sic stantibus principle (“the rebus principle”), another rating principle of long standing,

“… certainly older than the Parochial Assessments Act, 1836”. per Lord Wilberforce in Dawkins at 385G.

10.Section 7A(2) provides:

“(2) The rateable value of any tenement to be included in a list prepared under section 12 shall be ascertained by reference to the relevant date on the assumption that at that date-

(a) the tenement was in the same state as at the time the list comes into force;

(b) any relevant factors affecting the mode or character of occupation were those subsisting at the time the list comes into force; and

(c) the locality in which the tenement is situated was in the same state, with regard to other premises situated in the locality, the occupation and use of those premises, the transport services and other facilities available in the locality and other matters affecting the amenities of the locality, as at the time the list comes into force.”

Agrila

11.In earlier proceedings, reported as Commissioner of Rating & Valuation v Agrila Ltd & Others (2001) 4 HKCFAR 83, Best Origin, together with owners of other sites, had challenged the Director of Lands’ assessment of rent based on a substantial rateable value.  In those proceedings it was common ground that a site would not be rateable under the Rating Ordinance while under construction because it would not be regarded for rating purposes to be in rateable occupation.  These owners contended that rent was not payable while their sites did not attract a liability for rates.  That was the first of the preliminary points for the decision of the Court of Final Appeal.

12.That argument was rejected by the Court of Final Appeal because Regulation 2 of the Government Rent (Assessment and Collection) Regulation, Cap. 515 (“Rent Regulation”) provides:

“Where any leased land has not been developed after the commencement of the term of the applicable lease under which it is leased, the rateable value of the leased land at any time before any part of it is developed shall be ascertained as if the leased land were a tenement liable for assessment to rates under the Rating Ordinance (Cap. 116).”

13.The answer to this point (Point 1) given in Sir Anthony Mason NPJ’s judgment (with the concurrence of the other members) was:

“Answer :

(i)   For the purposes of determining the amount of Government rent payable, regulation 2 deems that the leased land is “a tenement liable for assessment to rates under the Rating Ordinance”;

(ii)    Thus, on a true construction of regulation 2, the non-rateability of the leased land under the Rating Ordinance is to be disregarded and the rateable value is to be ascertained on that basis in accordance with sections 7 and 7A of the Rating Ordinance.” (p. 113)

14.Another preliminary point decided in Agrila, which is important to this appeal, is Point 4:

“Point 4:

When making a valuation under s.8 of the Rent Ordinance of leased land before or during development what assumptions, whether using the contractors or another basis of valuation, the Commissioner is required or empowered by law to make as to :-

(a) the terms of the hypothetical tenancy of the land;

(b) the state of the land; and

(c) the mode or character of occupation of the land.

Answer:

(a)   The terms of the hypothetical tenancy are given by s.7(2) of the Rating Ordinance.

(b)   The state of each site should be taken as it was on the relevant date, having regard to all the intrinsic characteristics of each site.  When determining those characteristics, the Lands Tribunal should take into account evidence as to the likelihood at the relevant date of development being carried out on each site by the hypothetical tenant amongst other relevant considerations.

(c)   The evidence referred to in (b) above should be taken into account in determining the mode or category of occupation for each site at the relevant date and in particular whether the site was being occupied as a development site.” (pp. 113-114)

15.Answer (a) refers to the statutory hypothesis of a tenancy from year to year, which, as Lord Pearce has explained, has to be assumed:

“… in order to do the best one can to form some estimate of what value should be attributed to a hereditament on the universal standard, namely a letting ‘from year to year.” See para.3 above.

16.Lord Herschell LC, said, with the concurrence of the other members of the House of Lords in London County Council v Erith Parish [1893] AC 562 at 595, that the hypothesis of an annual tenancy in section 1 of the Act of 1836:

“… only provide the means of arriving at what is the annual value of the premises.”

17.And, “the hypothesis of the imaginary tenant is intended to assist and not hinder that process”: Townley Mill Company (1919) Ltd v Oldham Assessment Committee [1936] 1 KB 585, per Scott LJ at 643.

18.Answers (b) and (c) concern the rebus principle.  As Sir Anthony Mason explained:

“… the rebus principle require that the valuation must be based on an actual tenement in its existing state. …”

19.The Court of Appeal in Agrila had concluded that the intended development could not be taken into account.  They were of the view that the rebus principle precluded it.  The Court of Final Appeal, however, was of a different view.  Sir Anthony Mason pointed out at page 107E that Dawkins “is an answer to the main thrust of the [owners’] case”, namely, that section 7A(2)(a) and the rebus principle require that the valuation must be based on an actual tenement in its existing state as a site undergoing development, because the valuer must consider:

“every intrinsic quality and every intrinsic circumstance which tends to push the rental value either up or down. (Robinson Brothers (Brewers) Ltd v. Houghton and Chester-le-Street Assessment Committee [1937] 2 KB 445 at 468-469, per Scott LJ).” p. 107F

20.Sir Anthony Mason went on to say that:

“… a yearly tenancy is of an indefinite duration and that the possibility of a longer (or of a shorter) duration must be taken into account by the valuer.” p. 107H

Also,

“… Occupation of the site may nevertheless be valuable and command a significant rent (Erith at 591). … The prospect of continuation of the tenancy for a number of years enabled the Tribunal to have regard to the prospect of profits in later years and set them off against losses in earlier years.” p. 108B

Lands Tribunal

21.Following the decision in Agrila, the Lands Tribunal (Lam J and Mr W K Lo, Member) assessed the rateable value of the Site for 1997/98 in the Government Rent Roll at HK$26,880,000 pursuant to section 27(1)(c) of the GRACO.  In doing so, the Tribunal adopted as the correct approach the Contractor’s basis (“CB”) valuation, which was the Commissioner’s primary case.  Paras. 306 and 316.  Before the Lands Tribunal, it was common ground and so stated in a statement of agreed facts that:

“38. The Tenement is to be valued as a ‘development site’ as at 1 July 1996 (‘the Relevant Date’). Pursuant to section 7A(2) of the Rating Ordinance, the Tenement must be valued at the Relevant Date but on the assumption that the matters listed in (a) to (c) of section 7A(2) were as they were on 28th June 1997.

The State of the Tenement at 28th June 1997

39. As at 28 June 1997, the state of the Tenement was a ‘development site’ on which then stood a disused police station which was in the process of being demolished. Demolition was completed on 9 July 1997.

Factors affecting mode or character of occupation

40. As at 28 June 1997, demolition of the existing Police Station and Accommodation Block had commenced and comprised an early phase of the development of the Site by the construction of a new building. Therefore, the mode and character of occupation was that of a development site, which the Government lessee had the right to build a commercial building with a maximum gross floor area of 18,339 m2.”

22.Best Origin’s primary case before the Lands Tribunal was that the only possible hypothetical tenant of the tenement was a building contractor who would not pay anything to occupy the tenement, thus Best Origin contended for a nil or nominal valuation.  As the learned president has pointed out, Best Origin’s valuers:

“58. … came up with a valuation of $1 for the site, treating the building contractor as the hypothetical tenant … ”

Best Origin’s alternative case was that on the basis of the Site being used for “open storage and work sites” it had a value of $764,000 per annum.  It was in such context that the Tribunal said at para. 18 the first issue to be resolved is the implication of the agreed fact that the mode and character of occupation was that of a development site.

23.The Tribunal assessed the rateable value on the basis that at the relevant date the Site was being occupied as a development site.  But for the agreement the Tribunal would have first to consider the likelihood of the development being carried out and decide whether “at the relevant date … the site was being occupied as a development site”.  See answers (b) and (c) to Point 4 in Agrila.  As the learned president pointed out, in answer 4(b), Sir Anthony Mason had in mind a developer as occupier and not a contractor because

“22. … a developer could derive profit from the later years and suffer losses in the earlier years. A contractor would not.”

The Appeal

24.This is Best Origin’s appeal. 

25.Mr Howell QC for Best Origin submitted that the Tribunal had failed to ask the relevant question, namely, for what rent, if any, would the leased land, which was capable of being developed, have been let on a tenancy from year to year on the terms set out in section 7(2) of the Rating Ordinance, given that the hypothetical landlord under that hypothetical tenancy had the right to bring that tenancy to an end by serving a notice expiring at the end of a year.  Mr Howell submitted that the question is not whether there can be a hypothetical tenancy from year to year under which any activity may be carried on which was being, or might have been, carried on at the time the relevant list comes into force.  He accepted that the rating hypothesis does not exclude such a tenancy.  The legal issue is what rent would be paid as a matter of fact when that activity can only be carried on under a tenancy from year to year which may be brought to an end by a notice expiring at the end of a year.  He submitted that amount is nil or nominal.  (I note in passing that much of the Tribunal decision has to be read in the context of Best Origin’s primary case before the Tribunal that “the building contractor should be regarded as the hypothetical tenant.”)  

26.The second main point relied on by Mr Howell is the rebus principle, in particular the state of the premises, and the mode and character of its occupation on the date the list came into force.  He submitted that the function of the rebus principle is to limit the assumptions that may be made for the purpose of assessing the rent payable under the hypothetical yearly tenancy about the state of the premises to be valued, and the uses to which they may be capable of being put, by reference to things as they are at a particular date.  Mr Howell reminded us that Pearce LJ (as he then was) had said in Tomlinson (VO) v Plymouth Argyle Football Co Ltd (1960) 53 R & IT 297 at 299:

“The hereditament is not hypothetical and must be valued as it is rebus sic stantibus;”

27.Essentially, Mr Howell’s arguments revolve around the statutory hypothesis of a tenancy from year to year and the rebus principle.  Some of the arguments overlap, but they are variations on these two themes. 

Hypothetical yearly tenancy

28.Mr Howell placed considerable reliance on para. 29 of the decision where the Tribunal said:

“29. In the real world, no developer with his right mind will take up a site for development based on a yearly tenancy. …”.

29.The reliance is misplaced.  Mr Howell is familiar with Humber Ltd v Jones (Valuation Officer) (1960) 6 RRC 161 (CA) where Willmer LJ said at page 171:

“... in the world as it is, no sane manufacturer would take a tenancy from year to year of a factory in which he is going to install valuable machinery and for which he is going to assemble a skilled labour force to work for him. It seems to me that, if one had to value such a hereditament in the conditions of the world as they are, the only result would be a nil valuation, because there would be no possibility in practice of finding a tenant for such premises at all. That seems to me to be the reductio ad absurdum of the argument presented on behalf of the ratepayers.”

30.Here, the Tribunal had adopted the correct approach and looked at the actual user, namely, the Site being occupied as a development site by a developer.  The fact that in the real world, nobody would do it on the basis of a year to year tenancy is beside the point.  It is for the Tribunal, guided by the expert evidence of valuers and such skilled persons, to “do the best it can to arrive at a rateable value”, per Sir Anthony Mason at 106F.

31.Indeed, that is what the courts have always done as Scott LJ in Robinson Brothers (Brewers) Ltd v. Houghton and Chester-le-Street Assessment Committee [1937] 2 KB 445 explained:

“I begin with a reference to some of the earlier railway and canal cases, for four reasons: (1.) that they are typical profit-earning hereditaments endowed by statute with monopoly rights; (2.) that no one could conceivably take them on a tenancy except for the purpose of making profit out of the occupation; (3.) that, however difficult it is to estimate from probable profits the rent which the hypothetical tenant desiring those profits might reasonably be expected to pay, the task has to be performed by the tribunal of fact in every assessment of that type of hereditament; (4.) that in the case of such a statutory undertaking it is obvious that the ‘year to year’ tenancy must be interpreted with the implied addition that a prospect of continuance may be assumed. Compared with the practical difficulties of that type of case (against which Lord Campbell C.J. protested in 1859 in the canal case of Reg. v. Coventry Canal Co. (1859) 28LJ (MC) 102, 104) the assessment of a public-house, where there is general competition amongst all the brewery companies of the district to get it in order to run it with their own manager and so increase their profits, is mere child’s play.” at 475

32.Lord Coleridge CJ was to similar effect in Smith v. Birmingham (Churchwardens) (1889) 22 QBD 703 at 705-706:

“It has been pointed out in the court below that the terms of the (Parochial Assessment Act) are really not applicable to a number of very valuable rateable properties, which have come into existence since that Act was passed, and which therefore were not in the contemplation of the legislature in passing it, such as railways and gasworks. In such cases the hypothesis of a tenancy from year to year is really inapplicable. How can it be supposed that anyone would become tenant from year to year of an isolated portion of a railway. … We have to apply to what is undoubtedly a rateable subject-matter a test which is in reality inapplicable. By the terms of the statute the matter to be ascertained is what rent this tenement might reasonably be expected to let from year to year upon the hypothesis that it could be so let, a somewhat difficult problem when such hypothesis is in fact found to be an impossible one. Under these circumstances one must get at the amount of such rent in the best way one can, applying the principles of the law of rating as far as they can be made applicable.”

33.Further, as Sir Anthony Mason has noted in Agrila, a valuation based on an assumed duration of a yearly tenancy for 50 years was upheld by the English Court of Appeal in Humber.  So, for rating purposes, a yearly tenancy may be of indefinite duration, and it is a question of fact in each case: how long the yearly tenancy is likely to be.

34.Humber was concerned with a car assembly works of 1,000,000 square feet, the cost of tooling up was ₤1,500,000 and it took 5 years to achieve full production in order to recruit the requisite labour force.  Hodson LJ (as he then was) said at page 166:

“The courts in dealing with this section have always recognized that the ordinary definition of a tenancy from year to year must be considered in the light of the setting in which this section of the Act appears.”

……

But artificiality in this field there is and must be, and it is the duty of the tribunal, with the assistance of the evidence which it gets of skilled valuers, to arrive at the best conclusion which it can as to the value of the premises.”  At 169.

35.Willmer LJ added:

“In the end, therefore, we are in a world of make believe. What the value of premises in such imaginary circumstances would be seems to me to be very much a question of fact.” At 171.

36.Here, the learned president, in a passage with which I am in complete and respectful agreement said:

“54. It is difficult to see how the development potential of a development site can properly be taken into account if the rating hypothesis is to be construed in such a way to confine the expected duration of occupation to the period of construction or a short time afterwards for marketing of the units. If the valuation of the rateable value under the hypothetical tenancy of a development site were to be constrained by the prospect of the termination of occupancy upon the completion of construction or at the end of a short marketing period thereafter, the value achieved would not be the real value of the occupancy of a development site. The intrinsic quality in terms of the development potential of the site (which is the actual purpose of occupation in the real world) will not be taken into account. It would become the value of a bare construction site without any development potential. Such an approach is inconsistent with the judgment of the Court of Final Appeal in Agrila and it is also against the principles set out in the other authorities mentioned above. Yet this lies in the heart of the stance taken by the Appellant. It permeates throughout the propositions set out in the legal advice based on which the Appellant’s surveyors were instructed to conduct their valuation.”

37.Mr Howell also submitted that although Agrila at page 108E/F said:

“Having regard to (the character of the Site as a development site) entails taking account of the likelihood of development taking place and proceeding to completion.”,

that does not entail assuming that development will take place.  He submitted:

“The hypothetical tenancy does not contain a requirement to construct any building. Any covenant to do so in a government lease is to be disregarded.”

38.But Mr Howell has overlooked the fact that the Site was being occupied as a development site, and was to be rated as such.  Whether a site was being so occupied is a question of fact to be determined by the Lands Tribunal.  In the case of a site which is capable of being developed, the likelihood of development taking place is an important consideration.  Even where development had already begun one may have to consider the likelihood of the development proceeding to completion.  Of course, sometimes, that is so obvious that it can be taken for granted.  That is again a question of fact.  Here, I do not think it has ever been suggested that development on the Site would not begin, or once begun, would not proceed to completion.  As noted above, Best Origin’s primary case was that the only hypothetical tenant was a building contractor.

39.Mr Howell made the point that the Tribunal had wrongly assumed that the development would be profitable for the hypothetical tenant.  I think the Tribunal was entitled to proceed on the basis that, ordinarily, no commercial development would take place except in the expectation of profit.  As an exception, Mr Howell gave the example of a benevolent millionaire who was prepared to build a concert hall, and then let the hypothetical landlord take over the concert hall without payment at the end of it.  Whether a hypothetical tenant can ever find a hypothetical landlord who would be willing to allow a valuable site to be used for that purpose is another question.  If the Site was indeed occupied by a benevolent millionaire building a concert hall, it may be one has to presume a hypothetical yearly tenant doing the same.  No doubt, the court will deal with such a situation when it arises. In the present case, the Site was occupied for a commercial development.  And in the context of a commercial development, the Tribunal was entitled to proceed on the basis that it was motivated by an expectation of profit.  I do not believe that there was evidence before the Tribunal that the development might be unprofitable.  If there had been, no doubt it would have been taken into consideration.

40.Mr Howell also queried whether the hypothetical tenant would be able to realize the full value of the development.  That is a question of valuation for the Tribunal. 

41.Mr Howell also criticized the following passage from the decision:

“46. … In the context of a development site, unless the statutes expressly provide otherwise, one must assume that the hypothetical landlord would not frustrate a development by exercising his right under the yearly tenancy in a manner that would prevent the hypothetical tenant from having a reasonable duration of occupation in order to enable the latter to reap a reasonable profit for developing the site. …”

42.Those remarks were preceded by the acceptance of the submissions of Mr Holgate QC (who appeared for the Commissioner before the Tribunal as well as on appeal) that:

“… a valuer must not assume that either party would act unreasonably thereafter.”

43.With respect, earlier, in paras. 44 and 45, the learned president had cited passages from the judgments of Willmer LJ in Humber at 246 and Lord Denning MR in R v Paddington Valuation Officer [1966] 1 QB 380 at p. 412E to F that the hypothetical tenant and the hypothetical landlord would behave as reasonable people in the circumstances which have to be postulated.  Thus, a hypothetical landlord who lets his land for a commercial development to a hypothetical tenant who takes it for the same purpose, could be expected not to do anything which would frustrate the development. 

44.Mr Howell submitted that the Tribunal erred in law in stating at paras. 46 and 47 that one must assume that the hypothetical landlord would not exercise his right under the hypothetical tenancy to terminate it even if it would enable him to derive a greater return than he would obtain by way of the continued payment of the yearly rent under it.  But once it is accepted, as I do, that the hypothetical landlord would not be entitled to the completed development at the end of a hypothetical tenancy, I do not believe this can arise.  Nor was there evidence to show there could be some other more profitable use of the Site other than use as a commercial development site.  In Humber, it was accepted by the tribunal that the hypothetical landlord would be unlikely to serve a notice to quit terminating the hypothetical tenant’s occupation because in a case of property such as a car factory, it would appreciate that he would be unlikely to find another tenant.  In the present case, the Commissioner’s valuer Mr T K Tang gave evidence to like effect.  This is a question of fact.

45.Nor can I agree with Mr Howell’s criticism of the fact that the learned president said:

“47. … the expected duration of occupation could not be so short as to frustrate any incentive for development with reference to the realization of the fruits of development. That would simply negate the existence of any hypothetical tenancy for a development site.”

46.With respect, the learned president has correctly explained in the same paragraph:

“47. … it is a question of fact as regards what a hypothetical tenant for a development site could expect in terms of the duration of occupation and Sir Anthony Mason NPJ had pinpointed this as the crucial question in this case.”

47.Mr Howell also submitted that the fact that there was an actual occupier does not mean that there would necessarily be a hypothetical tenant.  He relied on Black v Oliver [1978] 1 QB 870.

48.Mr Howell’s reliance on Black v Oliver is misplaced.  The facts in Black v Oliver are far removed from this case, and provide no support for what effectively is a variation of his submission that although the Site was being occupied by the owner as a development site, no tenant from year to year would be prepared to pay any substantial rent to occupy the Site.

49.In Black v Oliver the rate payer was in occupation of a 1/F flat which was in an extreme state of dilapidation with no electricity and was unfit and dangerous for occupation.  The rate payer also had to share a bathroom and access to the bathroom and to the back garden was through the G/F flat which was occupied by two families with a total of 13 people.  The rate payer, however, wished to continue the occupation in order to retain the advantage of protection under the Rent Acts and her qualification for re-housing if the local authority should issue a closing order.  The rate payer proposed that the hereditament should be reassessed as uninhabitable and contended for a nil value.  The local valuation court reduced the gross value to a hundred pounds and the rateable value to 60, which was further reduced by the lands tribunal on appeal by the rate payer to 70 and 39 respectively. The lands tribunal refused to take into account harassment by the two families downstairs and held that as there was beneficial occupation by the rate payer, there could not be a nil assessment since the hypothetical tenant postulated would include the occupation of the current occupier.  The appeal was allowed and Browne LJ said at 880G:

“If the Tribunal of fact ... comes to the conclusion that if factors personal to the actual occupier are disregarded no one would give any rent for the hereditament, there is in my judgment no reason in law why it should not find a nil value.”

50.Mr Howell also complained that the Tribunal had made an unwarranted assumption that the hypothetical tenant would enjoy any rights in respect of the property after the hypothetical tenancy of the tenement has ended.  This is another way of making the same argument, namely that since the Site could yield no profit during development, it would be wrong to take into consideration any earnings which might accrue after the completion of the development since such earnings could not accrue to the hypothetical tenant for the period under consideration.  But such submission should be rejected.  I have already cited what Sir Anthony Mason has said at page 108B (see para. 20 above).  Sir Anthony Mason went on to refer to Consett Iron Co Ltd v Assessment Committee for No.5 Area Durham [1931] AC 396, which concerned a loss-making mine, and where it was held that it was permissible to have regard to a future change in market conditions which would make the mine profitable.  The prospect of continuation of the tenancy for a number of years enabled the Tribunal to have regard to the prospect of profits in later years and set them off against losses in earlier years.

51.Mr Holgate submitted that the Tribunal’s valuation judgment as to the rental value of the development site was further supported by the common ground between the parties that upon the determination of the tenancy, the hypothetical tenant would be entitled to receive the market value of his assets, the building, as at the date of termination. 

52.The Tribunal had proceeded on the basis that this was common ground.  Para. 79.  Mr Howell submitted that the Tribunal had misunderstood Best Origin’s submission.  Mr Howell submitted that the concession was made on the basis of the Commissioner’s case only. 

53.I do not doubt that.  The concession was irrelevant to Best Origin’s primary case.  A building contractor occupier would not be entitled to the building.

54.In any event, with respect, Mr Holgate’s submission is plainly right. 

55.In Railway Assessment Authority v Southern Railway, where the leading judgment was given by Viscount Hailsham LC, at 286 he said:

“I think it must be assumed that the hypothetical tenant would be able to realize his stock at the end of the year as easily as he could acquire it at the beginning of the year at the market value prevailing at the respective dates. There is a certain risk of fall in market value, just as there is the possibility of increase in market value, but he must not be given a higher percentage on the basis that he may be unable to sell the stock at all.”

56.In Humber,Hodson LJ dealt with:

“A subsidiary matter which was referred to bearing on security of tenure was the relevance of the large sum of money which had been expended in ‘tooling up’ the factory and the amount of time expended in getting together the necessary labour force. That was considered by the Lands Tribunal as a matter of evidence and so far as one can see it did not affect the conclusion on security of tenure which the Lands Tribunal reached. I think this question of money expended by tenants is a matter which does show the artificiality of the rating world in this matter, and it is a surprising feature which has to be considered in cases of this kind that it has to be treated as if it was an irrelevant consideration, having regard to the fact that not only the tenant in rating cases is to be considered in the capacity of a tenant but the landlord of the property is himself to be contemplated as a possible tenant, and so the consideration of money expended does not necessarily affect the comparison between a lease for a considerable term of years and a lease from year to year.” At 169.

57.When queried, Mr Howell seemed to have accepted that on the Commissioner’s case in any event, at the end of the hypothetical tenancy, the landlord would not be entitled to the building.  This bears on the likelihood of the hypothetical landlord terminating a hypothetical development tenancy. Ex hypothesi, the hypothetical landlord entered into the hypothetical tenancy so as to enjoy the rent which would be paid, but the continuation of payment would depend on the tenant being able to enjoy the fruit of the development. It does not matter what value might be put on the building, what is important for the present purpose is that the landlord would not be able to have the building as a windfall.  On this hypothesis, a hypothetical landlord who gives notice would frustrate the purpose of such a lease in the first place. 

58.I should add that there was a hint in Mr Howell’s submission that as the building is not a chattel, the hypothetical tenant might not be able to remove it.  Mr Howell also tentatively suggested that the value of the building at the end of the hypothetical tenancy might be nil because the building could not survive without the land on which it was erected.  This is, in effect, analogous to the argument that a tenant’s machinery might be damaged or not reusable after removal.  In a case such as Humber, I would not be surprised if some of the plants and machinery would have been expensive to remove or be destroyed on removal.  I believe that has to be disregarded.

Rebus

59.Mr Howell submitted that the function of the rebus principle is to limit the assumptions which may be made for the purpose of assessing the rent payable under the hypothetical yearly tenancy about the state of the premises to be valued, and its uses to which they may be capable of being put, by reference to things as they are at a particular date.  Thus the first limb of the principle, section 7A(2)(a) deals with the state of tenement as it was on the material date, subject to immaterial alterations.  In relation to the second limb, section 7A(2)(b), the mode or character of occupation.  It is to be assumed that during the hypothetical tenancy, the tenancy may be put to the use or uses to which it was (or could reasonably have been) put on the material date in its then condition.  Mr Howell submitted that these assumptions do not mean that the changes which are likely to occur affecting the premises or its use subsequently, given the circumstances which existed when the list came into effect are to be ignored: they may affect the enjoyment of the tenancy on these assumptions under the hypothetical tenancy.  But the tenement may not be valued on the basis that the hypothetical tenant will be able to enjoy it at some future time under the hypothetical tenancy in a materially different state, or in a way in which it could not realistically be used in that state at a date the list came into force. 

60.However, the answer to this submission lies in the fact so far as the two limbs are concerned, especially the second one, the mode and character of occupation of the Site is that of a development site.  It has to be assessed for rates on such basis.  In other words, if no account is taken of the present prospect of continued occupation after the completion of the building, the valuer would not be assessing the rent for a tenement with development as its character or mode of occupation.

61.Mr Howell submitted that since the Tribunal proceeded correctly on the basis that when the development was completed, its rateable value would fall to be re-assessed based on another hypothetical tenancy, the completed development is irrelevant to assessing its rateable value whilst under development.  But we are not concerned with the re-assessment of the rateable value on completion of the development.  What the Tribunal was concerned with was the rateable value of the Site as a development site. 

62.Mr Howell also relied on what Lord Wilberforce said in Dawkins at 385G:

“The (rebus) principle was mainly devised to meet, and it does deal with, an obvious type of case where thecharacter or condition of the property either has undergone a change or is about to do so: thus, a house in course of construction cannot be rated: nor can a building be rated by reference to changes which might be made in it either as to its structure or its use.”

63.Lord Wilberforce’s statement that “a house in course of construction cannot be rated” has no relevance to an assessment of Government rent under GRACO, because of Rent Regulation 2.  The statement that a building cannot be rated by reference to changes which might be made in it either as to its structure or its use is also irrelevant.  We are not concerned with the rating of a completed development.  We are concerned with the rating of a site being occupied as a development site.  With respect, the decision in Agrila is too plain for misunderstanding.  In such circumstances, the Tribunal must:

“… do the best he can to arrive at a rateable value.” Agrila at 106H.

64.Indeed, that is what the courts have done since 1601, overcoming the greater difficulties of rating railways, gas works etc. 

65.Mr Howell criticised the following passage. 

“74. For reasons already given, we think that in the context of a development site, Section 7A(2) must be construed as permitting the present prospect of the development potential being realized in the future to be taken into account. Any other construction would be inconsistent with Agrila and would frustrate the legislative objective as reflected in Rent Regulation 2.”

66.With respect the criticism is unfounded.  The Tribunal properly pointed out that they were dealing with the hypothesis under section 7A(2) in the context of a development site; and that in the context of a development site, section 7A(2) must be construed as permitting the present prospect of the development potential being realized in the future to be taken into account.  Any other conclusion would be inconsistent with Agrila and will frustrate the legislative objective as reflected in Rent Regulation 2. 

67.Mr Howell further submitted that by virtue of regulation 6 of the Rent Regulation, the Tribunal was not entitled to take development value into account.  The effect of regulation 6 is that when the development is completed, the entry in the Government Rent Roll pursuant to regulation 2 is deleted, a new entry is then made in the Roll relating to the land and completed building as a whole.  Mr Howell submitted that this change in the entries on the Roll prevents the valuer from taking into account the prospect of realizing development value.  He pointed to the first two sentences in the following passage from the Tribunal’s decision. 

“24. A change of use could change the character or mode of occupation. It means that there could be an end to the existing hypothetical tenancy and the commencement of another one based on the new character or mode of occupation. But such a change should not prevent a present prospect of such change from being taken into account in assessing the current rateable value if such a prospect would affect the rent the hypothetical tenant would pay under the current hypothetical tenancy.”

68.The first two sentences dealt with the situation that upon completion the tenement would be rerated as a completed development.  Such rerating would be assessed on the basis of a hypothetical tenancy in relation to the completed tenement.  The final sentence is unimpeachable. 

69.There are at least two answers to the submission. First, it is inconsistent with the decision of the Court of Final Appeal in Agrila. See pages 108H to 109C.  Secondly, when considering the rateable value of a development site in the course of development, the fact that the tenement has to be revalued at the completion of the development is as irrelevant as the fact that the Site has to be rated on a yearly basis, although the rateable value may vary from year to year according to the state of the development and on completion of the development.  Provided that while the Site was under development, it must not be rated as if the development had been completed.

70.Best Origin also complained of double counting. The complaint seems to be that after the completion of the development, annual rent was payable after completion by reference to the full annual value of the premises with the building constructed (the aggregate value of those premises), but giving no credit for the fact that such rent was also payable during period of its construction, calculated by reference to the anticipated value of the building once completed.

71.Mr Holgate submitted that the Commissioner believed that this point had not been taken before the Tribunal.  Whether that is so or not is unimportant.  In any event, so far as the present appeal is concerned, the Tribunal has correctly and expressly directed itself in accordance with Agrila not to value the Site as if the development had been completed.  See para. 41.  If Best Origins is dissatisfied with the assessment of rateable value after the completion of the development, no doubt they could object and the objection would be dealt with in the usual way.

The valuation

72.We are of course not concerned with the valuation as such. 

73.Mr Lynch, Best Origin’s valuer accepted that, but for the legal directions given to Mr Doran and him, in Appendix 7 of their report, he would have capitalized the auction price (after making adjustment to reflect the time difference) to arrive at a rateable value for the appeal tenement.  He did not carry out such a valuation because he was directed to ignore the value of any future rents or sale proceeds for the building to be completed on the Site. See para. 179.

74.There was ample discussion in the judgment on whether or not the contractors’ basis on the valuation of the Site as a development site should be adopted by the Tribunal.  That was the primary valuation of the Commissioner.  Another valuation put forward for consideration was the Receipt & Expenditure Method (“R & E Method”).  The tribunal accepted the contractors’ basis valuation.  See para. 306.  The tribunal did not adopt the R & E Method.  In para. 312, the Tribunal said:

“312. … we do not find it really necessary, as in the present case, to indulge in the valuation on the R & E Method as such since we have a much simpler valuation, which is robust and is dependent on only two variables both of which are based on market evidence. …”

75.The tribunal then went on to reject Best Origin’s primary case, and said:

“315. On the contrary, we have decided that Mr Tang’s CB valuation is a correct method for valuing the rateable value of the Appeal Tenement. We have also found that that the Appellant fails to substantiate the case that Mr Tang’s CB valuation was erroneous in principle or in any of the inputs.”

76.Mr Howell referred to para. 79 of the decision where the learned president referred to submissions relating to the R & E Method and said that they “will come back to them later”.  Mr Howell submitted that the Tribunal never returned to the subject.  I do not agree.  In para. 312, it was made abundantly clear that the Tribunal rejected the R & E method.

Conclusion

77.So for the above reasons, I would dismiss the appeal and make an order nisi that the Commissioner is to have the costs of the appeal to be taxed unless agreed with a certificate for two counsel.

Summons to strike out

78.In paras. 122 to 126, the learned president dealt with the summons issued by the Commissioner on 21 April 2005 to strike out certain matters relied on by Best Origin as inconsistent with the Agrila decision.  That was made the subject of a respondent’s notice.  Mr Holgate did not address any arguments to us on that aspect of the matter.  However, he wished to keep the matter alive in the event that this goes to the Court of Final Appeal.  I am content to leave it on that basis.

Hon Kwan JA:

79.I agree with the judgment of Tang Ag CJHC.

Hon A Cheung J:

80.I agree with the judgment of Tang Ag CJHC.

(Robert Tang)
Ag Chief Judge, High Court
(Susan Kwan)
Justice of Appeal
(Andrew Cheung)
Judge of the Court of
First Instance

Mr John Howell, QC and Mr Nigel Kat, instructed by Messrs Woo, Kwan, Lee & Lo, for the Appellant

Mr David Holgate, QC and Mr John Litton, instructed by the Department of Justice, for the Respondent

Please refer to FACV21/2011 for the relevant appeal(s) to the Court of Final Appeal.

Other Judgments in This Case

Further hearings and rulings under CACV 67/2008