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The Bovine Spongiform Encephalopathy Compensation Order 1994

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Article 2

SCHEDULECALCULATION OF INDICATIVE MARKET PRICE

The indicative market price for each month shall be calculated using data collected in Great Britainrelating to the month occurring two months before the date on which the market value was determinedunder article 3(3) of this Order and in accordance with the following formula:

where

    • A equals the number of cattle aged less than 7 years when valued which were slaughtered as BSE suspects;

    • B equals the average price for Friesian and Holstein cows in milk and in calf, first calvingcows in milk and down calving heifers, in each case of first and second quality;

    • C equals the number of cattle aged 7 years or more when valued which were slaughtered as BSE suspects;

    • D equals the average price for first and second quality barrener cattle of dairy breeds,

    the final figure being rounded down to the nearest multiple of £1.

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