(1) The chief executive officer of an Australian air transport operator must have the experience required under subregulation (2).
(2) The experience required is:
(a) if the operator holds an approval under regulation 119.025--the experience mentioned in the approval; or
(b) if paragraph (a) does not apply--the experience mentioned in paragraphs (3)(a) and (b).
(3) The experience is the following:
(a) sufficient relevant experience in organisational, operational, financial and people management of air operations to capably lead, manage and set standards to enable the operator to conduct safe operations in accordance with the operator's exposition and the civil aviation legislation;
(b) a satisfactory record in the conduct or management of air operations.