Regulation 6

In regulation 57O (interpretation of Part 6A), for paragraph (2) substitute—

“(2)

For the purposes of this Part an aircraft is “owned” by a person if—

(a)

the legal title to the aircraft, or to any share in the aircraft, is vested in the person, or a person who is owned or controlled directly or indirectly (within the meaning of regulation 7) by that person, or

(b)

the person, or a person who is owned or controlled directly or indirectly (within the meaning of regulation 7) by that person, has a beneficial interest in the aircraft or in any share in the aircraft,

and the reference to a legal title or other interest includes one held jointly with any other person or persons.”