rodrigues
No it doesn’t. Unless you can get the approval of CASA you can’t operate an aircraft without your licence on you.
5.03 May a person perform a duty essential to the
operation of an aircraft without a licence?
A person may perform a duty essential to the operation of an
Australian aircraft during flight time without holding a flight
crew licence, a special pilot licence or a certificate of
validation if:
(a) the person:
(i) is accompanied by an authorised flight instructor;
and
(ii) is receiving flying training; or
(b) the person is attempting a flight test for the purpose of
qualifying for a flight crew licence; or
(c) the person is being assessed by a chief flying instructor for
the purpose of enabling the instructor to make a
determination under subregulation 5.83 (2).
Note A determination under subregulation 5.83 (2) in relation to a person
affects the training that the person must complete to be qualified for a
private pilot (aeroplane) licence.
139 Documents to be carried in Australian aircraft
(1) Subject to subregulation (2), the pilot in command of an
aircraft, when flying, must carry on the aircraft:
(a) its certificate of registration;
(b) its certificate of airworthiness;
(c) unless CASA otherwise approves, its maintenance release
and any other document approved for use as an alternative
to the maintenance release for the purposes of a provision
of these regulations;
(d) unless CASA otherwise approves, the licences and
medical certificates of the operating crew;
(e) the flight manual (if any) for the aircraft;
(f) any licence in force with respect to the radio equipment in
the aircraft;
(g) if the aircraft is carrying passengers — a list of the names,
places of embarkation and places of destination of the
passengers;
(h) if the aircraft is carrying cargo — the bills of lading and
manifests with respect to the cargo.
Penalty: 10 penalty units.
littlehurcules
Wrong. A sticky in your log book isn't a licence and certainly isn't a medical.