Valuer-General v Manning - [1952] NZLR 700

Valuation of Land — Value for Death-duty Purposes — Residential Property — Fair Market Value to be ascertained — Replacement Cost merely Factor in assessing Fair Market Value — Costs — Order for Payment by Valuation Department of Part of Objector's Costs — "Price" — "Capital value" — Death Duties Act, 1921, s 70 (5) — Valuation of Land Act, 1951, s 2 — Land Valuation Court Act, 1948, s 32.