Hi AMS
I am not aware of any changes to the rules as stated here by others.
See your brave plan here but may be I can inject a little reality check in here.
If you are as you state half way through your PPL you will only have about 23 hours to go or £2300 readies.
To get a C152 onto the Public Transport C of A you will need to fork out dosh (fee for this from the CAA is £400) Dont know the story behind your intended mount but someone must have deemed it more costeffective to let it go from PT to Pvt for a reason (engine hours?)
If we assume that you need another 23 hours to finish your PPL you will have to fork out the following:
Fuel 23hours @ 20 l @ £1 = £460
Engine fund 23 hrs @ £5 = £115
Insurance (higher as for abinitio training lets guestimate 2500 per annum and 250 hours per year so £10 per hour) = £230
Instructor (you will do well to get one freelance for less than £15/h) = £345
Landing fees for circuits and bumps £100
Parking for say 2 months/2 (as your mate will pay half) £100
Cost for annual (again estimate 250 hours per year and £1500 annual) approx £150
So that comes to £1900 before any rectifying work is done on the 152 to get it to PT spec.
If you intend to keep the 152 to let it out to other folks you have no option and going this route is the way forward. If you just want it as a mount for you and your mate Iwould suggest finish off what you are doing at the moment and then take the jump.
What you also may want to consider is waiting to get the PPL and do some flying on different machines before committing some money to this particular machine as you may well find that with another 50 hours under the belt you want to stretch your horizons beyound the 152.
Just my thoughts.
FD
Hi IO540 etc,
I think that it is very easy for the CAA to check against the register the registrations used for your training.
It would be very silly to train not according to the rules set up by 'the system' and after presenting all your (still expensive) acquired logged hours be told that you have to do it again.
Of course there is very little stopping people flaunting 'the rules' after all aerodynamics are not adversely effected by the absence of medical/annual/licence.
FD