WOW! This explains something to me. Some months back I went for an Eagle interview (but unsuccessful!). During the interview I handed over my logbook/licences/medical etc. etc. which happened to include my NZ ATPL obtained through the TTMRA as described by 2can. I have an Aus ATPL but have only flown AC up to C404 size. The interveiwers seemed perplexed as to how I could obtain an ATPL never having flown a two crew +5700 aircraft. They asked questions about what was required for an Aus ATPL. I replied that it was just a case of having the hours (1500TT/75IF...etc) and passing the exams (with no time limit). They seemed mildly surprised by this and gave the example of having the hours required and then not flying for say 10 years, then sitting the exams and being awarded an ATPL, to which I said that this was possible. I recommend to do as 2can advises before they decide to close the 'loophole'