(1) To the extent provided by this Act and the provisions of the scheme, a
scheme limits the occupational liability, in respect of a cause of action
founded on an act or omission occurring during the period when the scheme is
in force, of any person to whom the scheme applied at the time when the act or
omission occurred.
(2) The applicable limitation of liability is the
limitation specified by the scheme as in force at the time at which the act or
omission giving rise to the cause of action concerned occurred.
(3) A
limitation of liability that, in accordance with this section, applies in
respect of an act or omission continues to apply to every cause of action
founded on it, irrespective of when the cause arises or proceedings are
instituted in respect of it, and even if the scheme has been amended or has,
in accordance with section 32, ceased to be in force.
(4) A person to whom a
scheme applies cannot choose not to be subject to the scheme, except in
accordance with provisions included in the scheme under section 17 (2).
