Part I Valuation Made in Respect of a Tenancy Terminating at Whitsunday
Agricultural Holdings (Scotland) Act 1991 (1991 c 55) | Legislation

SCHEDULE 10 Valuation of Sheep Stock in Scotland in Respect of Leases Entered Into After 1st December 1986

Section 70

Part I Valuation Made in Respect of a Tenancy Terminating at Whitsunday

1

The Land Court or[, by virtue of section 61(1) of this Act,] the arbiter (in Part I and Part II of this Schedule referred to as “the valuerâ€) shall ascertain the number of, and the prices realised for, the regular cast ewes and the lambs sold off the hill from the stock under valuation at the autumn sales in each of the 3 preceding years, and shall determine by inspection the number of shotts present in the stock at that time of the valuation.

2

The valuer shall calculate an average price per ewe, and an average price per lamb, for the regular cast ewes and lambs sold as aforesaid for each of the 3 preceding years. In calculating the average price for any year the valuer shall disregard such number of regular cast ewes and lambs so sold in that year, being the ewes or lambs sold at the lowest prices, as bears the same

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