The Herdowner has 4 working days after receipt of the first valuation report to consider the values attributed and confirm acceptance/rejection of the valuation on the V8 Form. The same timeframes apply to the Department. Where the first valuation is not accepted, the appeal valuation process must be completed within a further 4 working days. As with first valuations the results of an appeal valuation (V13) will be conveyed to the Department and the Herdowner, within 2 working days of the valuations completion. The outcome of any valuation will not be communicated verbally by the Valuer. After the appeal valuation both the Department and the Herdowner must sign and return the relevant V7 or V8 Form (respectively) within 14 calendar days from the date of Valuation. This confirms acceptance/rejection of the valuation in its entirety and where rejected; requests that the matter be settled by arbitration. Failure to return the relevant form within the specified time frame will render the case ineligible for consideration by the Arbitration Panel. However whether or not there is acceptance/rejection of the appeal valuation; the reactors will be removed from the holding at the earliest possible date. Where the decision is made to proceed to arbitration, whichever party rejected the appeal valuation may subsequently choose not to proceed with arbitration. Payment will then be made on the basis of the appeal valuation (subject to the other party having accepted the appeal valuation). Where necessary a revised V7 or V8 Form accepting the valuation should be returned by the Department/Herdowner. The Arbitration process can only be undertaken after all the reactors have been removed. The case will be decided at the next available meeting of the Arbitration Panel. 2.4 Delays in the Valuation or Removal Process Given the vital importance of the early removal of reactors, where Herdowners/Keepers are responsible for delays in the valuation process and/or the removal of reactors/in-contact animals a range of deductions will apply as follows: where 5% the delay is between 3 - 5 days
The Herdowner has 4 working days after receipt of the first valuation report to consider the values attributed and confirm acceptance/rejection of the valuation on the V8 Form. The same timeframes apply to the Department. Where the first valuation is not accepted, the appeal valuation process must be completed within a further 4 working days. As with first valuations the results of an appeal valuation (V13) will be conveyed to the Department and the Herdowner, within 2 working days of the valuations completion. The outcome of any valuation will not be communicated verbally by the Valuer. After the appeal valuation both the Department and the Herdowner must sign and return the relevant V7 or V8 Form (respectively) within 14 calendar days from the date of Valuation. This confirms acceptance/rejection of the valuation in its entirety and where rejected; requests that the matter be settled by arbitration. Failure to return the relevant form within the specified time frame will render the case ineligible for consideration by the Arbitration Panel. However whether or not there is acceptance/rejection of the appeal valuation; the reactors will be removed from the holding at the earliest possible date. Where the decision is made to proceed to arbitration, whichever party rejected the appeal valuation may subsequently choose not to proceed with arbitration. Payment will then be made on the basis of the appeal valuation (subject to the other party having accepted the appeal valuation). Where necessary a revised V7 or V8 Form accepting the valuation should be returned by the Department/Herdowner. The Arbitration process can only be undertaken after all the reactors have been removed. The case will be decided at the next available meeting of the Arbitration Panel. 2.4 Delays in the Valuation or Removal Process Given the vital importance of the early removal of reactors, where Herdowners/Keepers are responsible for delays in the valuation process and/or the removal of reactors/in-contact animals a range of deductions will apply as follows: 5% where the delay is between 3 - 5 days
TB%20Compensation%20Arrangements%20Booklet%2023.5.18.docx