(a) It is the intent of this article to prescribe regulations consistent with nationally recognized good practice for the safeguarding of life and property within the jurisdiction of the town from the hazards of fire and explosion arising from the storage, handling and use of hazardous substances, materials and devices, and from hazardous conditions in the use or occupancy of buildings or premises.

(b) This article shall not be construed to hold the town responsible for any damage to persons or property by reason of the inspection or reinspection authorized in this article or failure to inspect or reinspect or the permits issued or denied as provided in this article or by reason of the approval or disapproval of any equipment authorized in this article.