After section 58 of the Professional Standards Act 2003 insert —
(1) In this section "the amending Act" means the Justice Legislation (Further Amendment) Act 2006 .
(2) A scheme approved under this Act before the commencement of Part 15 of the amending Act is taken to be, and always to have been, a valid scheme if it would have been valid had the amendments made by the amending Act been in force when the scheme was approved.
(3) Anything done or omitted to be done in respect of such a scheme is taken to be, and always to have been, validly done or omitted. In particular, an insurance policy required by this Act before a limitation on liability in damages of a person to whom such a scheme applies is reduced is taken to comply, and always to have complied, with this Act if it would have complied had the amendments made by the amending Act been in force when the policy was issued.
(4) This section extends to proceedings pending in a court on the commencement of Part 15 of the amending Act.'.
__________________
See:
Act
No.
56/2004.
Reprint
No. 1
as
at
1 October
2005
and
amending
Act
Nos
18/2005, 57/2005, 69/2005, 2/2006, 14/2006, 24/2006 and
48/2006.
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