asked the Minister for Agriculture what is the definition of market value by his Department when assessing the proper payment for reactor cattle under the bovine tuberculosis eradication scheme.
Ceisteanna—Questions. Oral Answers. - Market Value of Reactor Cattle.
14.
I would refer the Deputy to Section 6 of the Diseases of Animals (Bovine Tuberculosis) Act, 1957, which provides that "market value" means the price which might reasonably have been obtained for the animal immediately before the taking possession thereof by or on behalf of the Minister, from a purchaser in the open market who had no knowledge that the animal was affected or suspected of being affected or capable of infecting cattle with tuberculosis except such knowledge as might reasonably have been obtained by inspection of the animal.