(1) For subsection 32(3) of the Act, a dealing, in relation to a GMO, is an exempt dealing if:
(a) it is a dealing of a kind mentioned in Part 1 of Schedule 2; and
(b) it does not involve a genetic modification other than a modification described in Part 1 of Schedule 2; and
(d) it does not involve an intentional release of the GMO into the environment.
(2) For the avoidance of doubt, exemption under subregulation (1) does not apply to a dealing that does not comply with subregulation (1), whether or not that dealing is related to a dealing that does so comply.
Note 1: A dealing affected by this regulation could be any of the forms of dealing mentioned in the definition of deal with in subsection 10(1) of the Act.
Note 2: Exemption from provisions of the Act does not preclude the application of other Commonwealth and State laws.