Cyril,
Thanks for the analysis, I am quite clear about it now.
Regarding the SPL and FRTOL, even DGCA is not clear about that yet.
I managed to speak to the erstwhile dy. director of licensing who has now shifted to a diff department.
He was one of the people who drafted this note last year and he explained it much the same way cyril has above.
When i asked him about the SPL and FRTOL reqt, he wasnt sure about it and said he hadnt foreseen that when the note was drafted. I guess they will come up with a work around for it by april or worst case, we end getting them for the skill tests.