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Compensation in respect of lost or damaged live stock.
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18.—(1) Where—
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(a) an animal is exported, on or after the appointed day, from a port in the State to a British landing place, and
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(b) a shipper's statement has, in accordance with this Act, been delivered in respect of such animal, and
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(c) such animal is lost or damaged, either on land or sea, while in transit,
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the owner or the personal representative of the owner of such animal shall be entitled to be paid, in respect of such loss or damage, compensation (not exceeding the declared value of such animal) under and in accordance with this Act.
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(2) For the purposes of this section an animal shall be deemed to be in transit until—
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(a) in case such animal is exported for immediate sale, the date of the holding, subsequent to importation, of the next sale at which it could be conveniently sold or the expiration of seventy-two hours from the time at which it is released from a British landing place, whichever is the earlier,
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(b) in any other case, the time at which such animal arrives at the land on which it is proposed to be kept or the expiration of seventy-two hours from the time at which it is released from a British landing place, whichever is the earlier.
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