Reply To: 14L Concessions

#21451
Robert Hay
Participant

    The Hills

    Hi Karen

    I had to look at this a couple of times and in my opinion they still get it. My interpretation spins on the definition of owner in the definitions section of the Valuation of Land Act 1916:

    “Owner” means the person who, whether jointly or severally, is seised or possessed of or entitled to any estate or interest in land.

    They were an original owner either jointly or severally and have increased their interest in the same land.

    These are always the difficult ones to interpret and I would love to hear what others think.

    Robert