Will schema filters still validate decoded output in a transformer?

const TimeSchema = Schema.Struct({
  hours: Schema.Int.pipe(
    Schema.greaterThanOrEqualTo(0),
    Schema.lessThanOrEqualTo(23),
  ),
  minutes: Schema.Int.pipe(
    Schema.greaterThanOrEqualTo(0),
    Schema.lessThanOrEqualTo(59),
  ),
  seconds: Schema.Int.pipe(
    Schema.greaterThanOrEqualTo(0),
    Schema.lessThanOrEqualTo(59),
  ),
});

export const TimeFromString = Schema.transformOrFail(
  Schema.String,
  TimeSchema,
  {
    strict: true,
    decode: (str, options, ast) => {
      const [hours, minutes, seconds] = str.split(":").map(Number);

      if (
        hours === undefined ||
        minutes === undefined ||
        seconds === undefined ||
        isNaN(hours) ||
        isNaN(minutes) ||
        isNaN(seconds)
      ) {
        return ParseResult.fail(
          new ParseResult.Type(ast, str, "Invalid time format"),
        );
      }

      return ParseResult.succeed({ hours, minutes, seconds });
    },
    encode: ({ hours, minutes, seconds }) =>
      Effect.succeed(`${hours}:${minutes}:${seconds}`),
  },
);