(1) Regulation 392 does not apply to a person who takes or possesses scallop in a quantity in excess of the catch limit specified in that regulation if—
(a) the person—
(i) is the holder of, or is acting on behalf of the holder of, a Scallop (Ocean) Fishery Access Licence or a Scallop Dive (Port Phillip Bay) Fishery Access Licence; and
(ii) takes or possesses scallop in accordance with the licence, the Act and these Regulations; or
(b) the person—
(i) is the holder of, or is acting on behalf of the holder of, an aquaculture licence authorising the hatching, rearing, breeding, growing or displaying of scallop; and
(ii) takes or possesses scallop in accordance with the licence, the Act and these Regulations; or
(c) the person—
(i) is the holder of, or is acting on behalf of the holder of, a general permit authorising the taking or possession of scallop in that quantity; and
(ii) takes or possesses scallop in accordance with the permit, the Act and these Regulations.
(2) Regulation 392 does not apply to a person who possesses scallop in excess of the catch limit specified in that regulation if the person—
(a) received the scallop from a person referred to in subregulation (1); and
(b) is acting in accordance with the Act and these Regulations.
Division 2—Activities authorised by Scallop (Ocean) Fishery Access Licences