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Ranchers.net
BSE & OFFSPRING CULL COMPENSATION
EU.
Revised compensation rates applicable to the above schemes and effective for the month of NOVEMBER 2005 are as follows:-
1. BSE Compensation
Compensation payable for an animal slaughtered because it is suspected of being affected by BSE is an amount equal to the lower of either the market value of the animal or the indicative market price (IMP).
This will be up to a maximum of:
£422.00 if BSE is confirmed by post mortem
£527.50 if BSE is not confirmed
2. BSE Offspring Cull Compensation
Compensation will be made in accordance with the following table:
Table - Valuation for November 2005
Cattle type
Age (months)
Dairy
Beef breeding
Beef
Less than 1
£ 84.40
£ 84.40
£ 84.40
1 - less than 3
£ 126.60
£ 126.60
£ 126.60
3 - less than 6
£ 168.80
£ 168.80
£ 168.80
6 - less than 9
£ 211.00
£ 211.00
£ 211.00
9 - less than 12
£ 253.20
£ 253.20
£ 253.20
12 - less than 15
£ 295.40
£ 295.40
£ 295.40
15 - less than 18
£ 337.60
£ 337.60
£ 337.60
18 - less than 21
£ 379.80
£ 379.80
£ 379.80
21 - less than 24
£422.00
£ 422.00
£ 422.00
24 - less than 27
£464.20
£ 464.20
£ 464.20
27 - less than 30
£ 506.40
£506.40
£ 506.40
Over 30
£ 548.60
£ 506.40
OTMS
Compensation stated is based on the Indicative Market Price (IMP) for NOVEMBER 2005
Basic compensation rates will change monthly, by the same percentage as the IMP.
OTMS - The maximum amount payable for animals under the OTMS. Rates change monthly.
BSE compensation and BSE Offspring Cull compensation is paid in England under the provisions of the TSE (England) Regulations 2002. In Wales compensation is paid under the provisions of the TSE (Wales) Regulations 2002.