24.—(1) If compensation for an animal is to be paid, the valuation of the animal will be the market value of the animal determined in accordance with the procedure in regulation 12.
(2) The nominated valuer must value the animal, milk and milk product at the price that might reasonably have been obtained for it at the time of valuation from a purchaser in the open market if the animal was not from a flock or herd affected by a TSE.