However if you are using it with incandescent or CFL lamps, you need to allow for inrush current so u sing it for more than 50VA of lighting at 240V or 25VA at 120V would really be pushing your luck.
Tungsten filament lamps tend to draw a surge of up to 10x their nominal current at initial switch-on, and CFL lamps have to charge the reservoir capacitor for the DC bus of their inverter, so if they don't have soft-start power factor correction, they can also draw a high startup surge current. Unfortunately the surge current occurs when the switch's contacts are bouncing on closure, so if you load it with 500VA of 240V lighting or 250VA of 120V lighting, both with a surge of up to 20A, the odds are high that it will soon fail welded closed.