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Old 13th Jun 2004, 00:09
  #40 (permalink)  
BillieBob
 
Join Date: Aug 2002
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Now that we have the unseemly catfight out of the way, let's consider the reality.

The CAA should be concerned only with an organisation's compliance with the requirements of JAR-FCL. How that organisation arranges its finances should be of no interest to the Authority provided that it can be shown that the financial arrangements in place at the time of an approval/re-approval inspection are adequate to support the organisation's plans for the forthcoming year, in accordance with IEM No.2 to JAR-FCL 1.055.

How an organisation arranges its funding of individual students and any arrangement that it comes to with external training providers should be of no interest whatsoever to the CAA.

The funding is available, the fact that some organisations cannot understand that availability is unfortunate, if not entirely surprising.
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