# The Air Navigation (Isle of Man) Order 2015, Article 180: Commercial air transport and aerial work – exceptions – jointly owned aircraft

Extent: E+W+S+N.I.

(1) A flight is a private flight if the aircraft falls within paragraph (2) and the only valuable consideration given or promised for the flight or the purpose of the flight falls within paragraph (3).
(2) An aircraft falls within this paragraph if it is owned —
(a) jointly by persons (each of whom is a natural person) who each hold not less than a 5% beneficial share and—
(i) the aircraft is registered in the names of all the joint owners; or
(ii) the aircraft is registered in the name or names of one or more of the joint owners as trustee or trustees for all the joint owners and written notice has been given to the Department of the names of all the persons beneficially entitled to a share in the aircraft; or
(b) by a company in the name of which the aircraft is registered and the registered shareholders of which (each of whom is a natural person) each hold not less than 5% of the shares in that company.
(3) Valuable consideration falls within this paragraph if it is given or promised by one or more of the joint owners of the aircraft or registered shareholders of the company that owns the aircraft and is either or both —
(a) in respect of and no greater than the direct costs of the flight; or
(b) in respect of the annual costs.

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Source: https://www.legislation.gov.uk/uksi/2015/870/article/180 (the official version)
Page: https://openlegislation.uk/air-navigation-isle-of-man-order-2015/article-180
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.