The TSE (Scotland) Regulations 2002 No. 255

SCHEDULE 1 Compensation

Part V Compensation for any TSE suspect or confirmed animal or a first generation progeny of any such animal slaughtered under regulations 88 and 89

2.  The market value of the animal shall be determined–

(a) by agreement between the Scottish Ministers and the owner of the animal;

(b) failing agreement by an arbiter appointed jointly by the Scottish Ministers and the owner of the animal; or

(c) failing such agreement or appointment, by an arbiter appointed by the President of the Institute of Auctioneers and Appraisers in Scotland and the liability for the costs of the arbiter shall be determined by the arbiter.