Paragraph 10 ExceptionsI1

England and Wales Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 3 para. 1 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1
Sch. 3 para. 2 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1
Sch. 3 para. 3 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1
Sch. 3 para. 4 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1
Sch. 3 para. 5 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1
Sch. 3 para. 6 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1
Sch. 3 para. 7 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1
Sch. 3 para. 8 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1
Sch. 3 para. 9 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1
Sch. 3 para. 10 coming into force by Transmissible Spongiform Encephalopathies 2006 reg. 1

(1)

Where the Secretary of State considers that the data to calculate the average price is inadequate, she may pay compensation at—

(a)

for animals in that category, the most recent previously calculated average price for which there was sufficient data to calculate the average price; or

(b)

for the individual animal, the market price.

(2)

For buffalo or bison, compensation is the market price.

(3)

The market price is the price that might reasonably have been obtained for the individual animal from a purchaser in the open market at the time of valuation if the animal was not required to be killed under this Schedule, calculated by agreement, failing which regulation 15 applies, with the fees for nominating the valuer and the valuer’s fee payable by the Secretary of State.

Annotations

Commencement

I1: Sch. 3 para. 10 in force at 1.3.2006, see reg. 1