I mostly agree with you. The AND was kind of crammed in outside the list too, though; they’d written it as NOT bullet: limit 1, bullet: limit 2, AND bullet: limit 3. Basically I don’t think it’s implausible that they intended it to be maximally restrictive and just screwed that up. I just think that applying the law as though it means that requires interpreting the law differently from how it’s written, and different in a way that harms the defendants, which you previously weren’t supposed to do. Which seems super dumb.
https://xkcd.com/605