Valuer-General v Treadwell and Another - [1969] NZLR 320

Valuers and valuations — Particular kinds of valuation — Government valuation — Unimproved value — Land zoned residential A on operative district scheme — Re zoning as commercial under consideration but not effective at material date — Value to be ascertained on existing zoning plus potential value arising from possibility or probability of rezoning — Valuation of Land Act 1951, ss. 2, 45.