Section 25 of the Principal Act is amended as follows:

(a) by omitting from paragraph (a) "at the time at which the act or omission giving rise to the cause of action occurred" ;

(b) by omitting subparagraph (ii) from paragraph (b) and substituting the following subparagraph:

(ii) the net current market value of the business assets and the amount payable under the policy in respect of that occupational liability, if combined, would total an amount that is not less than the amount of the monetary ceiling specified in the scheme in relation to the class of person and the kind of work to which the cause of action relates –