clarification of my post
There are usually two pilots in a Falcon, and only once can be PIC, the other might be called SIC, or first officer, or RT operator. Howerv you read the words, only one can be CAPTAIN.
Several private companies that I know, have no desire to ensure thet the P2 (sic), has a class 1 medical, as the Captain has one. So the other person in the front seats has a class2.
Re JAA/ EASA. I accept that I should have written OR not / please orgive this error. I could just as easy have written UKCAA / JAA / EASA.
I do not remember saying that you can be paid if exercising a PPL, in these circumstances.
I would agree with other posters that as EASA is still a work in progress, NO ONE has the definitive answer.
glf