The Proprietors of Atihau-Wanganui v Malpas - [1979] 2 NZLR 545

Maoris and Maori land — Maori vested lands — Valuation of land at termination of lease to assess compensation for improvements — Meaning of words "exclusive of the value of any indigenous timber trees" in the definition of "unimproved value" in s 2 of the Maori Vested Lands Administration Act 1954 — Principles as to ascertaining capital value, unimproved value and the value of improvements reviewed.