(a) The residence is occupied by the owner; and
(b) The owner occupant is performing the asbestos abatement work.
(2) Any person exempt from ORS 468A.700 to 468A.750 under subsection (1) of this section shall handle and dispose of asbestos-containing material in compliance with standards established by the Environmental Quality Commission under ORS 468A.745. [Formerly 468.897]