(1) The Part 103 Manual of Standards may make provision in relation to one or more of the following:
(a) airworthiness standards for specified kinds of Part 103 aircraft;
(b) for Part 103 ASAOs whose approved functions include administering Part 103 aircraft:
(i) the kinds of aircraft for which the Part 103 ASAO may set airworthiness standards; and
(ii) procedures for setting such standards;
(c) procedures for accepting a Part 103 aircraft that meets the standards referred to in paragraph (a) or (b);
(d) procedures for issuing a statement of acceptance to the owner of an aircraft accepted in accordance with the procedures mentioned in paragraph (c).
(2) For the purposes of paragraph 20AA(3)(b) of the Act, a flight in a Part 103 aircraft is authorised without a certificate of airworthiness if a Part 103 ASAO has issued a statement of acceptance to the owner of the aircraft in accordance with the procedures mentioned in paragraph (1)(d) of this regulation.