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137A Compensation for licensed pistol shooters withdrawing from pistol shooting—pistols
(1) This section applies to a person to whom section 137 applies.
(2) The person is entitled to payment of the following amount of compensation for each pistol surrendered by the person under section 137:
(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.
137B Compensation for licensed pistol shooters withdrawing from pistol shooting—other items
(1) In this section:
"related item", for a person, means—
(a) a major part of, or a major part designed for use with, a pistol for which the person is entitled to compensation under section 137; or
(b) an accessory (including a special holster) that is—
(i) specific to a pistol for which the person is entitled to compensation under section 137; and
(ii) directly related to the person's participation in pistol shooting; or
(c) a major part of, or major part designed for use with, a prohibited pistol that is no longer owned by the person but that has been registered in the person's name.
(2) This section applies to a person if—
(a) section 137 applies to the person; and
(b) the person surrenders a related item owned by the person to a police officer during the amnesty period.
(3) The person is entitled to payment of the following amount of compensation for the related item:
(a) if a valuation list applies to the item—the amount worked out in accordance with the list; or
(b) if a valuation list does not apply to the item—the amount assessed by the valuation panel.
(4) However, if a valuation list applies to the item but the person asks a police officer to arrange for the item'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.
(5) For this section, the person or a police officer may ask the valuation panel to decide whether a thing is a related item for the person.
(6) The valuation panel's decision applies to the working out of the amount of compensation to which the person is entitled to under this section.