It also permits the limited category aircraft with any of the following to be eligible for a limited category certificate for personal flights (not adventure flights for payment or reward) as long as these are not conducted over populous areas:
- unapproved major modifications
- expired airframe fatigue life
- life limited components that have exceeded their life limits.
This is the really scary bit - flights can be approved in time-expired airframes with time-expired components and unapproved MAJOR modifications.