1101. Exceptions to public transport and commercial operation: parachuting.

A flight is a commercial operation flight1if it is a flight in respect of which valuable consideration2 has been given or promised for the carriage of passengers and which is for the purpose of:


    (1)     the dropping of persons by parachute and which is made under and in accordance with the terms of a parachuting permission granted by the Civil Aviation Authority ('CAA')3;


    (2)     positioning the aircraft for such a flight as is specified in head (1) and which:


      (a)     is made with the intention of carrying out such a flight