Ownership and possession of exotic animals exempt from application of this Act
51Any person who owns or possesses an exotic animal that is exempt by regulation from the application of paragraph 11(a) of this Act shall, within one year after the commencement of any amendments to this Act or the regulations that would result in the exotic animal no longer being exempt from the application of paragraph 11(a) of this Act,
(a)
obtain a permit in accordance with this Act to own or possess the exotic animal; or
(b)
dispose of the exotic animal in a legal manner.