This Subdivision does not apply to –

(a) the holder of a Tasmanian gaming licence endorsed with the initial totalizator endorsement, within the meaning of Division 5A , in respect of the 6-month period immediately following the day on which that endorsement takes effect; or

(b) the holder of a Tasmanian gaming licence endorsed with the second totalizator endorsement, within the meaning of Division 5A , in respect of the 6-month period immediately following the day on which that endorsement takes effect.