25.—(1) If the owner of an animal considers the compensation in the preceding paragraph to be unreasonable he may notify the Secretary of State, and the procedure in regulation 15 applies, with the owner paying the fee for nominating the valuer and the valuer’s fee.
(2) If the Secretary of State considers the compensation in the preceding paragraph to be excessive in all the circumstances she may obtain a valuation of the animal in accordance with regulation 15, but in this case she must pay the fee for nominating the valuer and the valuer’s fee.
(3) The valuer shall value the animal at the price that might reasonably have been obtained for it at the time of valuation from a buyer in the open market if the animal was not from a flock affected by TSE.