Section 49--
omit, insert--
'Despite section 48, this division does not apply to an application for a GMO licence if the regulator is satisfied that--
(a) the dealings proposed to be authorised by the licence are limited to dealings to be undertaken for the purposes of, or for purposes relating to, disposing of a GMO; and
(b) the applicant for the licence came into possession of the GMO inadvertently.'.