When this regulation applies
(1) This regulation applies in relation to an operator of an aircraft if:
(a) the operator held an RVSM operational approval (the old operational approval ) under regulation 181M of the old CAR; and
(b) the old operational approval covers the aircraft; and
(c) the old operational approval is in force immediately before the main commencement time; and
(d) an RVSM airworthiness approval (the old airworthiness approval ) under regulation 181G of the old CAR is in force for the aircraft immediately before the main commencement time.
(2) For the purposes of regulation 91.655, the operator of the aircraft is taken, after the main commencement time, to hold an approval (the new approval ) under regulation 91.045 for the aircraft to be flown in RVSM airspace.
(3) The new approval ceases to have effect at the earliest of the following:
(a) the day (if any) specified in the old operational approval as the day on which the old operational approval ceases to be in force;
(b) the day (if any) specified in the old airworthiness approval as the day on which the old airworthiness approval ceases to be in force;
(c) the second anniversary of the day the old operational approval was given that occurs after the main commencement time;
(d) the second anniversary of the day the old airworthiness approval was given that occurs after the main commencement time;
(e) if the operator is the holder of an AOC--the day the operator's AOC expires;
(f) if the operator is the holder of an aerial work certificate--the day the operator's aerial work certificate expires.