ACCA practicing certificate and audit qualification

Hi there,
I have recently registered for ACCA exams and got exemptions in all three Knowledge papers (F1,F2,F3).
However, the confirmation email that I have received says:
As the exemptions awarded to you are based on a qualification gained more than 5 years previously, you are required to forfeit these exemptions and sit the relevant ACCA examinations should you wish to subsequently apply for an ACCA practicing certificate and audit qualification.
What does that mean? Does that mean I won’t be able to do my practice as a qualified Accountant? What is the impact of this on my career and what do you recommend?