The High Court set aside the Valuation Tribunal's determination on the appropriate method for valuing a capped mining waste facility, finding that the Tribunal failed to provide clear reasoning or specify which method of valuation it had adopted. The case arose from a dispute over whether a capped mining facility should be valued based on its historical use for active mining or its current use as an aftercare facility. The lack of transparent reasoning and choice of method rendered the Tribunal's decision legally insufficient, so the case was remitted to a differently constituted panel for reconsideration. The court made no order as to costs at this stage, pending the outcome of the rehearing.
valuation method – mining facility – aftercare facility – rateable property – contractor"s method of valuation – historical use – current use – Valuation Tribunal – Valuation Act 2001 – section 48 – section 50 – case stated procedure – adequacy of reasons – remittal – costs