Which statement is FALSE regarding a GMDSS equipped ship?

Ships must have the required equipment inspected at least once every 12 months.

The regulations apply to all passenger ships regardless of size and cargo ships of 300 gross tons and upwards.

Ships must carry at least two persons holding a GMDSS Radio Operator's license for Distress and Safety radio-communications purposes.

A conditional or partial exemption may not be granted, in exceptional circumstances, for a single voyage outside the sea area for which the ship is equipped.

Which statement is FALSE regarding a GMDSS...