7Calculating the value of library material

7 Calculating the value of library material

7 Calculating the value of library material

(1) The maximum charge that may be imposed by the rules for a local library for library material that is lost, damaged or destroyed is the full value of the library material or, if the library material is obtainable only as part of a series (for example, a series of books or discs), the full value of the series.

(2) The full value of the library material or series is the value determined by the local authority, being a value not exceeding the sum of the following amounts:

(a) the original purchase price or the replacement purchase price, whichever is the greater,

(b) the cost of processing the library material or series for use in the local library.