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\b\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid1383866  THE HIGH COURT OF THE {\*\xmlopen\xmlns1{\factoidname PlaceName}}{\*\xmlopen\xmlns1{\factoidname place}}COOK{\*\xmlclose} {\*\xmlopen\xmlns1{\factoidname PlaceType}}ISLANDS}{
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\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5331329 HELD AT RAROTONGA
\par }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid7557894 (}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid1383866\charrsid13456472 LAND DIVISION)}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid13456472 
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\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid5331329 {\fs24\lang2057\langfe1033\langnp2057\insrsid5331329\charrsid5975263 No. 74/84}{\fs24\lang2057\langfe1033\langnp2057\insrsid1383866 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid1383866 {\fs24\lang2057\langfe1033\langnp2057\insrsid5331329\charrsid5975263 
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\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 of Aremango Section 7A1A1, Ngatangiia}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }\pard \ql \fi-2016\li2016\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin2016\itap0\pararsid7423679 {\fs24\lang2057\langfe1033\langnp2057\insrsid7423679\charrsid5975263 
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\par }\pard \qc \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid7805386 {\b\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid1383866 IN THE MATTER}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid5331329  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 of a Deed of Lease}{\fs24\lang2057\langfe1033\langnp2057\insrsid11748383  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5331329 d}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1383866\charrsid5975263 ated}{\fs24\lang2057\langfe1033\langnp2057\insrsid5331329  the 10}{\fs24\lang2057\langfe1033\langnp2057\insrsid5331329\charrsid5331329 th}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7805386 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 February 1975 to }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid11748383 R.W. HARNISH}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid11748383\charrsid11748383  }{
\b\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid11748383 AND}{\b\fs24\lang2057\langfe1033\langnp2057\insrsid11748383\charrsid11748383  }{\b\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid11748383 H.R. HARNISH}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid1383866 {\fs24\lang2057\langfe1033\langnp2057\insrsid1383866\charrsid5975263 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid5975263 {\fs24\lang2057\langfe1033\langnp2057\insrsid3037693 Mr Clarke for the Landowners;
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid3037693 Mr Tylor for Mr & Mrs Harnish}{\i\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid1383866 .}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid3037693 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid1383866\charrsid13456472 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5331329 Judgment d}{\fs24\lang2057\langfe1033\langnp2057\insrsid1383866 elivered 17}{\fs24\lang2057\langfe1033\langnp2057\insrsid13580293 th A}{\fs24\lang2057\langfe1033\langnp2057\insrsid1383866 ugust 1984.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
\par 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid14494114 This is an application by the Landowner of Aremango}{\fs24\lang2057\langfe1033\langnp2057\insrsid11748383\charrsid14494114  }{\fs24\lang2057\langfe1033\langnp2057\insrsid14494114 
Section 7A1A1 Ngatangiia to determine the}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid14494114 
 value of his land excluding improvements as at the 9th December 1980, to enable a rental to be assessed as at that date in accordance with the provisions of a lease between the Landowner and Mr & Mrs Harnish. This lea}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14494114 se was entered into on }{\fs24\lang2057\langfe1033\langnp2057\insrsid3687528 {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0{\xmlattrname Month}{\xmlattrvalue 12}}{\xmlattr\xmlattrns0
{\xmlattrname Day}{\xmlattrvalue 9}}{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 1980}}}the 10}{\fs24\lang2057\langfe1033\langnp2057\insrsid3687528\charrsid9663600 th }{\fs24\lang2057\langfe1033\langnp2057\insrsid3687528 Febr}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid14494114 uary 1976{\*\xmlclose} and provides in part that the original rental of }{\fs24\lang2057\langfe1033\langnp2057\insrsid5636330 $150 p.a. is for the first five years of the 60}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid14494114  year term of the Lease and that for each succeeding five years thereafter }{\fs24\lang2057\langfe1033\langnp2057\insrsid15806033 the rental would be subject to}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid14494114  review. Now this review should have been done and the rental fixed as at {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0{\xmlattrname Month}{\xmlattrvalue 12}}
{\xmlattr\xmlattrns0{\xmlattrname Day}{\xmlattrvalue 9}}{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 1980}}}the 9th December 1980{\*\xmlclose}.}{\fs24\lang2057\langfe1033\langnp2057\insrsid15806033  This means that because of the 3}{
\lang2057\langfe1033\super\langnp2057\insrsid15806033\charrsid12933235 1}{\lang2057\langfe1033\langnp2057\insrsid15806033\charrsid12933235 /}{\lang2057\langfe1033\sub\langnp2057\insrsid15806033\charrsid12933235 2}{
\lang2057\langfe1033\langnp2057\insrsid15806033\charrsid12933235  }{\fs24\lang2057\langfe1033\langnp2057\insrsid15806033 year delay}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid14494114  in having this matter brought before the}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  Court the owner is deprived of the use of the increase in rent, if any, over the }{\fs24\lang2057\langfe1033\langnp2057\insrsid15806033 last 3}{
\lang2057\langfe1033\super\langnp2057\insrsid15806033\charrsid12933235 1}{\lang2057\langfe1033\langnp2057\insrsid15806033\charrsid12933235 /}{\lang2057\langfe1033\sub\langnp2057\insrsid15806033\charrsid12933235 2}{
\lang2057\langfe1033\langnp2057\insrsid15806033\charrsid12933235  }{\fs24\lang2057\langfe1033\langnp2057\insrsid15806033 years; the Lessees have}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  had the use of that incr}{
\fs24\lang2057\langfe1033\langnp2057\insrsid6323086 ease, if any, that they haven't}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  paid; and both parties may now suffer by the Court being required to estimate, calculate or}{
\fs24\lang2057\langfe1033\langnp2057\insrsid15806033  guess at the valuation of this land 3}{\lang2057\langfe1033\super\langnp2057\insrsid5636330\charrsid12933235 1}{\lang2057\langfe1033\langnp2057\insrsid5636330\charrsid12933235 /}{
\lang2057\langfe1033\sub\langnp2057\insrsid5636330\charrsid12933235 2}{\lang2057\langfe1033\langnp2057\insrsid5636330\charrsid12933235  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 years ago.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 It is difficult enough to calculate the value of land on {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0{\xmlattrname 
Month}{\xmlattrvalue 12}}{\xmlattr\xmlattrns0{\xmlattrname Day}{\xmlattrvalue 9}}{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 1980}}}Rarotonga}{\fs24\lang2057\langfe1033\langnp2057\insrsid15806033 {\*\xmlclose} as at the }{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 present time - it is even more difficult to r}{\fs24\lang2057\langfe1033\langnp2057\insrsid5636330 elate present day values back 3}{
\lang2057\langfe1033\super\langnp2057\insrsid5636330\charrsid12933235 1}{\lang2057\langfe1033\langnp2057\insrsid5636330\charrsid12933235 /}{\lang2057\langfe1033\sub\langnp2057\insrsid5636330\charrsid12933235 2}{
\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid12933235  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 years. However, }{\fs24\lang2057\langfe1033\langnp2057\insrsid15806033 if}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  landowners and lessees wish to ignore the agreements in }{\fs24\lang2057\langfe1033\langnp2057\insrsid15806033 their leases originally entered}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  into then they must accept the}{\fs24\lang2057\langfe1033\langnp2057\insrsid15806033  consequences}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  that follow.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 However, there is a further review due on {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0{\xmlattrname Month}
{\xmlattrvalue 12}}{\xmlattr\xmlattrns0{\xmlattrname Day}{\xmlattrvalue 9}}{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 1980}}}the 9th December 1985{\*\xmlclose} and that will allow t
he parties by their consent, or the Court by its order, to assess the value as at that date.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4473675\charrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 Mr Clarke on behalf of the landowner described the land as one of the best sites in Muri, which a}{\fs24\lang2057\langfe1033\langnp2057\insrsid14163562 rea is acknowledged as the best}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  in Rarotonga}{\fs24\lang2057\langfe1033\langnp2057\insrsid14163562 ; that it has good swimming; }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
is directly opposite a small motu which is both attractive and provides protection from the winds; and is not swampy in the middle as some sections in this are}{\fs24\lang2057\langfe1033\langnp2057\insrsid14163562 a are affected}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14163562\charrsid7100748 . He claimed this}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid7100748  section was superior in lo}{\fs24\lang2057\langfe1033\langnp2057\insrsid12781880\charrsid7100748 
cation to that leased by Mrs R}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid7100748 i}{\fs24\lang2057\langfe1033\langnp2057\insrsid12781880\charrsid7100748 m}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid7100748 
a Nicholas. Her section}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 , he said, was 1100m}{\lang2057\langfe1033\super\langnp2057\insrsid5975263\charrsid12933235 2}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  and wa}{\fs24\lang2057\langfe1033\langnp2057\insrsid2376550 s valued by the Court at $7,000 }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
and a rental of $350 p.a. He also referred to other properties and their value and rentals, viz South Pacific Consultants Ltd; Mr Swoboda; }{\fs24\lang2057\langfe1033\langnp2057\insrsid2376550 and Little }{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 Polynesian Motels Ltd. Mr Clarke emphasised the commercial potential of this property for future Hotel or Motel development and spoke of a}{
\fs24\lang2057\langfe1033\langnp2057\insrsid2376550  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 prospective sale of $22,000 and a present asking price of $30,000.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4473675\charrsid5975263 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid7805386 {\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
In conclusion he submitted that related to comparable values in the vicinity; and taking into account the large area involved and the obvious commercial value inherent in the property; that a proper value for this land is $20,000.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4851404\charrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 Mr Tylor, while acknowle
dging the sections position and attractiveness contended that it was long and narrow and further restricted by a long Right-of-way running the length of the section. Because of these factors any valuation should be calculated on the basis of}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1208179  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 four sections - one fronting the beach; one fronting the road; and}{
\fs24\lang2057\langfe1033\langnp2057\insrsid1208179\charrsid1208179  }{\fs24\lang2057\langfe1033\langnp2057\insrsid1208179\charrsid5975263 two in the middle.}{\fs24\lang2057\langfe1033\langnp2057\insrsid1208179\charrsid1208179  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid1208179\charrsid5975263 Using that method he placed a value on each}{\fs24\lang2057\langfe1033\langnp2057\insrsid1208179\charrsid1208179  }{\fs24\lang2057\langfe1033\langnp2057\insrsid1208179\charrsid5975263 
section as follows:
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid5975263 {\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }\trowd \irow0\irowband0\ts15\trgaph108\trleft612\trftsWidth1\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt\clbrdrt
\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth2448\clshdrawnil \cellx3060\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil \cellx6300
\pard\plain \ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid5975263\yts15 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5975263 Beach}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5975263 $7,000}{\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \trowd \irow0\irowband0
\ts15\trgaph108\trleft612\trftsWidth1\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl 
\clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth2448\clshdrawnil \cellx3060\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil \cellx6300\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid5975263\yts15 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5975263 Middle}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5975263 $2,000}{\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \trowd \irow1\irowband1
\ts15\trgaph108\trleft612\trftsWidth1\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl 
\clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth2448\clshdrawnil \cellx3060\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil \cellx6300\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid5975263\yts15 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5975263 Middle}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \cell }{\fs24\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5975263 $2,000}{\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \trowd \irow2\irowband2
\ts15\trgaph108\trleft612\trftsWidth1\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl 
\clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth2448\clshdrawnil \cellx3060\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil \cellx6300\row }\pard\plain 
\ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid5975263\yts15 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5975263 Road}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \cell }{\fs24\ul\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5331329 $4,000\cell }\pard\plain \ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 
\fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \trowd \irow3\irowband3
\ts15\trgaph108\trleft612\trftsWidth1\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl 
\clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth2448\clshdrawnil \cellx3060\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil \cellx6300\row 
}\trowd \irow4\irowband4\lastrow \ts15\trgaph108\trleft612\trftsWidth1\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt
\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth2448\clshdrawnil \cellx3060\clvertalc\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil 
\cellx6300\pard\plain \ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid5975263\yts15 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5975263 Total}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 \cell }\pard \ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid5245317\yts15 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317\charrsid5975263 
$15,000 - and a rental of $750.\cell }\pard\plain \ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 
\trowd \irow4\irowband4\lastrow \ts15\trgaph108\trleft612\trftsWidth1\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt
\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth2448\clshdrawnil \cellx3060\clvertalc\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil 
\cellx6300\row }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid5975263 {\fs24\lang2057\langfe1033\langnp2057\insrsid5245317 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid4804771 {\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 In undertaking this value I believe that I should relate this}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4804771  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
property to like or comparable areas where values have been established then add or subtract advantages or disadvantages this property may have - and then relate that valuation back to {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0
{\xmlattrname Month}{\xmlattrvalue 12}}{\xmlattr\xmlattrns0{\xmlattrname Day}{\xmlattrvalue 9}}{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 1980}}}the 9th December 1980{\*\xmlclose}.}{\fs24\lang2057\langfe1033\langnp2057\insrsid4851404 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid4851404 {\fs24\lang2057\langfe1033\langnp2057\insrsid4851404\charrsid5975263 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid5975263 {\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 Now the comparable properties that have been submitted in evidence are: -}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid15541330\charrsid5975263 
\par }\pard \ql \li720\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin720\itap0\pararsid5331329 {\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5331329 1}{\fs24\lang2057\langfe1033\langnp2057\insrsid7479656\charrsid5331329 .}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7479656  Aremango Section }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 781A, South Pacific}{\fs24\lang2057\langfe1033\langnp2057\insrsid15541330  Consultants Ltd 1300m}{
\lang2057\langfe1033\super\langnp2057\insrsid15541330\charrsid12933235 2}{\fs24\lang2057\langfe1033\langnp2057\insrsid15541330 , related value either $4,000,}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
 rental $200 p.a. or $8,000, rental $400 p.a.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid15541330 {\fs24\lang2057\langfe1033\langnp2057\insrsid15541330 
\par }\pard \ql \li720\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin720\itap0\pararsid5331329 {\fs24\lang2057\langfe1033\langnp2057\insrsid14573797\charrsid5331329 2.}{\fs24\lang2057\langfe1033\langnp2057\insrsid14573797  Aremango Section }{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 781A - Mr Wade Swoboda 2786m}{\lang2057\langfe1033\super\langnp2057\insrsid15541330\charrsid12933235 2}{\fs24\lang2057\langfe1033\langnp2057\insrsid15541330 , related value $6,000, rental
}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  $300 p.a.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid15541330 {\fs24\lang2057\langfe1033\langnp2057\insrsid15541330 
\par }\pard \ql \li720\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin720\itap0\pararsid5331329 {\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5331329 3.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
 Maurunga 12B1 Ngatangii}{\fs24\lang2057\langfe1033\langnp2057\insrsid15541330 a - Mrs Nicholas 1100m}{\lang2057\langfe1033\super\langnp2057\insrsid15541330\charrsid12933235 2}{\fs24\lang2057\langfe1033\langnp2057\insrsid15541330 , fixed value $7,}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 000, rental $350 p.a.
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid5975263 {\fs24\lang2057\langfe1033\langnp2057\insrsid4156943 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 Now on a relationship }{\fs24\lang2057\langfe1033\langnp2057\insrsid5197194 of square metres to value ratio}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
 this would mean that:
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid4156943 
\par }\trowd \irow0\irowband0\ts15\trgaph108\trleft612\trftsWidth3\trwWidth6858\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 
\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3618\clshdrawnil \cellx4230\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl 
\cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil \cellx7470\pard\plain \ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid6123290\yts15 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {
\fs24\lang2057\langfe1033\langnp2057\insrsid5331329 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid9904469\charrsid5975263 a) South Pacific Consultants Ltd}{\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 \cell }{
\fs24\lang2057\langfe1033\langnp2057\insrsid9904469\charrsid5975263 = $3 or $6 m}{\lang2057\langfe1033\super\langnp2057\insrsid9904469\charrsid12933235 2}{\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 \trowd \irow0\irowband0
\ts15\trgaph108\trleft612\trftsWidth3\trwWidth6858\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt\clbrdrt\brdrtbl 
\clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3618\clshdrawnil \cellx4230\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil \cellx7470\row 
}\pard\plain \ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid6123290\yts15 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5331329 (}{
\fs24\lang2057\langfe1033\langnp2057\insrsid9904469\charrsid5975263 b) Swoboda}{\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 \cell = $2}{\fs24\lang2057\langfe1033\langnp2057\insrsid7100748  }{
\fs24\lang2057\langfe1033\langnp2057\insrsid9904469\charrsid5975263 m}{\lang2057\langfe1033\super\langnp2057\insrsid9904469\charrsid12933235 2}{\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 \cell }\pard\plain 
\ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 \trowd \irow1\irowband1
\ts15\trgaph108\trleft612\trftsWidth3\trwWidth6858\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt\clbrdrt\brdrtbl 
\clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3618\clshdrawnil \cellx4230\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil \cellx7470\row 
}\pard\plain \ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid6123290\yts15 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\fs24\lang2057\langfe1033\langnp2057\insrsid5331329 (}{
\fs24\lang2057\langfe1033\langnp2057\insrsid9904469\charrsid5975263 c) Nicholas}{\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 \cell }\pard \ql \li0\ri0\nowidctlpar\intbl\wrapdefault\faauto\adjustright\rin0\lin0\pararsid16592333\yts15 {
\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 = $6}{\fs24\lang2057\langfe1033\langnp2057\insrsid7100748  }{\fs24\lang2057\langfe1033\langnp2057\insrsid9904469\charrsid5975263 m}{\lang2057\langfe1033\super\langnp2057\insrsid9904469\charrsid12933235 2
}{\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 \cell }\pard\plain \ql \li0\ri0\widctlpar\intbl\wrapdefault\aspalpha\aspnum\faauto\adjustright\rin0\lin0 \fs20\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {
\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 \trowd \irow2\irowband2\lastrow 
\ts15\trgaph108\trleft612\trftsWidth3\trwWidth6858\trftsWidthB3\trftsWidthA3\trautofit1\trpaddl108\trpaddr108\trpaddfl3\trpaddft3\trpaddfb3\trpaddfr3\tbllkhdrrows\tbllklastrow\tbllkhdrcols\tbllklastcol\tblind720\tblindtype3 \clvertalt\clbrdrt\brdrtbl 
\clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3618\clshdrawnil \cellx4230\clvertalt\clbrdrt\brdrtbl \clbrdrl\brdrtbl \clbrdrb\brdrtbl \clbrdrr\brdrtbl \cltxlrtb\clftsWidth3\clwWidth3240\clshdrawnil \cellx7470\row }\pard 
\ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid6123290 {\fs24\lang2057\langfe1033\langnp2057\insrsid9904469 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid5975263 {\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 The values of }{\fs24\lang2057\langfe1033\langnp2057\insrsid7100748 (}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 a) and }{\fs24\lang2057\langfe1033\langnp2057\insrsid7100748 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 b) were privately negotiated - whereas the value of }{
\fs24\lang2057\langfe1033\langnp2057\insrsid7100748 (}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 c) was determined by this Court after a lengthy hearing as to its a}{\fs24\lang2057\langfe1033\langnp2057\insrsid7422777 
ppropriate value. Based on that}{\fs24\lang2057\langfe1033\langnp2057\insrsid8793241  decision of $6}{\fs24\lang2057\langfe1033\langnp2057\insrsid7100748  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 m}{
\lang2057\langfe1033\super\langnp2057\insrsid5975263\charrsid12933235 2}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  the present value of the Harnish property is $28,320. }{\fs24\lang2057\langfe1033\langnp2057\insrsid8793241 I}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  am satisfied from }{\fs24\lang2057\langfe1033\langnp2057\insrsid8793241 the submissions presented to me}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  th}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8793241 at this property is at }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 least equal to and probably superior to the Nicholas property. Whether it i
s or not I do not believe is so important for the fixing of the 1980 value.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 I believe it w}{
\fs24\lang2057\langfe1033\langnp2057\insrsid8793241 ould be important when the 1985}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  valuation has to be fixed.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid12004672\charrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid7100748 Both Mr}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
 Tylor and Mr Clarke have over the years impressed on me the scarcity of large sections for commercial development in Rarotonga. The emphasis of their arguments has depended on who in the very many cases they have both appeared upon, they a}{
\fs24\lang2057\langfe1033\langnp2057\insrsid4407970 re actually representing. So it }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
is in this case. Mr Clarke for the landowners emphasises the large area - a unique feature for hotel or motel development s}{\fs24\lang2057\langfe1033\langnp2057\insrsid7094062 o he says. Mr Tylor for Mr & Mrs }{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 Harnish emphasises the long narrow section and its further limitation with the Right-of-way. I have been told to ignore the Bahai Hall on the property's road frontage.
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8078804 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid13240566 It is I }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
believe a property that is comparable with the Nicholas property; it is a large area and such properties are difficult to acquire in {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0{\xmlattrname Month}{\xmlattrvalue 12}}{\xmlattr\xmlattrns0
{\xmlattrname Day}{\xmlattrvalue 9}}{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 1980}}}Rarotonga{\*\xmlclose}
; it is limited to a minor degree only by the Right-of-way; and the shape of the section is not a limitation when considering hotel or motel development. I believe that such development }{\fs24\lang2057\langfe1033\langnp2057\insrsid13240566 
requires area; frontage to the M}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 uri lagoon; and road access. This most attractive site has all those qualities.}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8078804\charrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
Compared with the values of the other properties; allowing for the added value of the large block; and making an allowance for the Right-of-way, I would value this property in 1984 at not less than $30,000. However I am required }{
\fs24\lang2057\langfe1033\langnp2057\insrsid7344998 to value the section as at {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0{\xmlattrname Month}{\xmlattrvalue 12}}{\xmlattr\xmlattrns0{\xmlattrname Day}{\xmlattrvalue 9}}{\xmlattr\xmlattrns0
{\xmlattrname Year}{\xmlattrvalue 1980}}}the }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 9th December 1980}{\fs24\lang2057\langfe1033\langnp2057\insrsid7344998 {\*\xmlclose}. I}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  can only take a percentage and relate back to 1980. In saying this I reiterate here that if I use a factor that is unacceptable to either or both parties, then its their own fault i}{
\fs24\lang2057\langfe1033\langnp2057\insrsid7344998 n delaying this application for 3}{\lang2057\langfe1033\super\langnp2057\insrsid7344998\charrsid12933235 1}{\lang2057\langfe1033\langnp2057\insrsid7344998\charrsid12933235 /}{
\lang2057\langfe1033\sub\langnp2057\insrsid7344998\charrsid12933235 2}{\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid12933235  }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 years.}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263 
\par }{\fs24\lang2057\langfe1033\langnp2057\insrsid8078804\charrsid5975263 
\par }\pard \ql \li0\ri0\nowidctlpar\wrapdefault\faauto\adjustright\rin0\lin0\itap0\pararsid5331329 {\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 I propose to discount the present value by 8% per annum back to 1980 which}{
\fs24\lang2057\langfe1033\langnp2057\insrsid14759785  equates}{\fs24\lang2057\langfe1033\langnp2057\insrsid7344998  to a figure in excess }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 of $22,000, but I will adopt that figure. I }{
\fs24\lang2057\langfe1033\langnp2057\insrsid14759785 therefore fix the value of this }{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 land at $2}{\fs24\lang2057\langfe1033\langnp2057\insrsid14759785 2,000 and}{
\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263  the rental at $1,100 as at {\*\xmlopen\xmlns1{\factoidname date}{\xmlattr\xmlattrns0{\xmlattrname Month}{\xmlattrvalue 12}}{\xmlattr\xmlattrns0{\xmlattrname Day}{\xmlattrvalue 9}}
{\xmlattr\xmlattrns0{\xmlattrname Year}{\xmlattrvalue 1980}}}the 9th December 1980}{\fs24\lang2057\langfe1033\langnp2057\insrsid14759785 {\*\xmlclose}. The sum of $150 costs and}{\fs24\lang2057\langfe1033\langnp2057\insrsid5975263\charrsid5975263 
 the filing fee of $5 shall be payable to Mr Clarke.}{\fs24\lang2057\langfe1033\langnp2057\insrsid8078804\charrsid5331329 
\par }}