2.—(1) For the purposes of paragraph 3(2) of Schedule 3 to the Animal Health Act 1981 the value of an animal slaughtered by the Minister because of foot-and-mouth disease shall be in accordance with this article.
(2) If the owner decides that he wishes to have the animal valued by a valuer, the value is the amount determined in writing by a valuer appointed jointly by the Minister and the owner of the animal or, failing such appointment, by a valuer appointed by the President of the Royal Institution of Chartered Surveyors.
(3) If the owner does not wish to have the animal valued by a valuer, the value is the amount set out for that animal in the Schedule.
(4) The valuer shall be paid by the Minister.