ML CLI v2 update environment not usable

Question

I am using the Azure Machine Learning CLI v2 extensions

The update environment command az ml environment update require 3 arguments --name, --version, --label but when specify all three arguments the command return an error:

cli.azure.cli.core.azclierror: Cannot specify both version and label.

When missing one of the arguments the command will return an error that require that argument

cli.azure.cli.core.azclierror: the following arguments are required: --label/-l cli.azure.cli.core.azclierror: the following arguments are required: --version/-v

This conflict makes the command unusable.