QUESTION OF TAXATION

Thames Star, Volume LVI, Issue 14324, 10 September 1920, Page 3

QUESTION OF TAXATION

GAS COMPANY S..LIABILITY.

. CASE BEFORE! .COURT

(Press Association). AUOKIANO, Thursday Foilwving tne Appeal C"ourt;'s decision in June that %© Valuation Department assessed the laud occupied by th© gas mains in Auckland city and suburbs at £99,000.'.f0r taxation and rating, the Auckland Gas Company lodged an objection which was heard May by Mr. Cutten, S.M., and two assessors. Mr, Kiphmond; counsel for the Company, said tha,t the iDepartment "^asi dealing with ar, untangible interest in land had n o t before arisen undeav *•*© Land Valuation A<*.- He argued that there was no imimpa-owd valuo . in the possessory rigi* held toy thei Company, and that th e Company hadi «o exclusive interest in the land, . but merely «.■ statutory right of way. Mr.' Peaoodkr for the ■ Deptartmemt, submitted that, this right was saleable-. Mr. Richmond replied that he thought no*. ~ . T^he'caSe is proceeding.