Poverty Bay Catchment Board v Forge - [1956] NZLR 811

Soil Conservation and Rivers Control — Compensation for Land taken — Land taken when Market Price of Land rising — Duty of Valuer to determine Market Value as at Specified Date — Evidence of Contemporaneous Sales of Nearby Land — Court's Duty in assessing Compensation — Factors depreciating Value of Farm Land — Computation of Interest on Compensation Moneys — Costs — Principle on which Costs allowed — Soil Conservation and Rivers Control Act 1941, s 145 — Finance Act (No 3) 1944, s 29 (3) — Statutes Amendment Act 1951, s 23 (3).