Biosecurity Act 2023
215Amount of compensation payable
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215 Amount of compensation payable (1) Unless the director-general and the owner of the animal, plant or property agree otherwise, the amount of compensation payable under section 214 is— (a) the market value of the animal, plant or property— (i) for an animal, plant or property mentioned in section 214 (a)—immediately before it was destroyed; or
Compensation Part 14 (ii) for an animal or plant mentioned in section 214 (b)— immediately before the director-general was notified that it was affected by, or died because of, emergency biosecurity matter; and (b) any additional amount prescribed by regulation. (2) The method for assessing the market value of an animal, plant or property— (a) must consider the animal, plant or property as if it were not affected by the emergency biosecurity matter; and (b) may be prescribed by regulation.