Western Australian Consolidated Acts (1) A scheme can only
affect the liability for damages arising from a single cause of action to the
extent to which that liability results in damages exceeding such amount (but
not less than $500 000) as is determined for the purposes of the scheme
by the Council and specified in the scheme.
(2) In making a
determination, the Council must have regard to —
(a) the
number and amounts of claims made against persons within the occupational
association concerned; and
(b) the
need adequately to protect consumers.
(3) A Council
determination —
(a)
takes effect when an amendment providing for its specification in the scheme
takes effect; and
(b)
applies only to a cause of action that arises after the determination takes
effect.
[Section 39 amended by No. 25 of 2004
s. 18.]