Summerisle,
It might be worth reading the AAIB reports that Ryanair have starred in in the last few years to answer that question.
Pacamack,
The scheduling 'agreement' in its sparcity appears to be just legal, but it places the emphasis on positioning to home base on the shoulders of the pilot, which in conjunction with the annual base review makes it difficult to make allowances for fatigue, should one have the temerity to live away from the home base. I read the document as a fundamental denial of any homelife. I would hope that any overseeing Aviation Authority that signs off their AOC, whether it is British, French or US appreciates that.
Forgive me for missing your train of thought and give my regards to Elvis.