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5. The following definitions apply for the purposes of this Part of this Schedule as it relates to compensation payable for bovine animals—
“affected animal” means a bovine animal which is affected with a TSE;
“barrener cattle” means adult female bovine animals which have had one or more calves and which are being sold for either immediate slaughter or further fattening before slaughter;
“bovine animal” means a bull, cow, steer, heifer or calf;
“exposed animal” means a bovine animal which has been exposed to the infection of a TSE;
“indicative market price” means a price calculated in accordance with Annex 1 to this Part of this Schedule;
“market value” means—
in the case of a bovine animal aged 30 months or over, either—
the price which might reasonably have been obtained for it at the time of valuation from a purchaser in the open market if the animal were not an affected or suspected animal or an exposed animal; or
the purchase price which would have applied had the animal been slaughtered at the time of valuation in accordance with Commission Regulation (EC) No. 716/96 adopting exceptional support measures for the beef market in the United Kingdom, as amended,
whichever is the higher; and
in the case of a bovine animal aged under 30 months, the price which might reasonably have been obtained for it at the time of valuation from a purchaser in the open market if the animal were not an affected, suspected or exposed animal; and
“suspected animal” means a bovine animal which is suspected of being affected with bovine spongiform encephalopathy.
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