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… or large aeroplanes and are operated under a fractional ownership program, from the requirements of subsection … described in the application section below in a fractional ownership program, with a Private Operator Certificate issued … Act (AA) that will specifically exclude fractional ownership programs from the current definition of “commercial …
22.122
… Pursuant to subsection 5.9(2) of the Aeronautics Act, and after taking into account that the exemption is in the public interest and is not likely to affect aviation safety, I hereby exempt … 705.124(2)(b)(iv)(E) of the Canadian Aviation Regulations and paragraph 725.124(34) and (39) of the Commercial Air …
130.462