Australian Capital Territory Numbered Regulations

FIREARMS (COMPENSATION) REGULATIONS 2003 (NO 28 OF 2003) - REG 7

substitute

    (2)     The person is entitled to payment of the following amount of compensation for the pistol:

        (a)     if a valuation list applies to the pistol—the amount worked out in accordance with the list; or

        (b)     if a valuation list does not apply to the pistol—the amount assessed by the valuation panel.

    (3)     However, if a valuation list applies to the pistol and the person asks a police officer to arrange for the pistol's value to be assessed by the valuation panel, the person is entitled to payment of the amount of compensation assessed by the valuation panel.