The right of any ICAO Licence holder to fly G reg aircraft, without geographical limitation has existed for some time. This right was to have been reduced to the Privileges of a LAPL, on 8th of April this year, together with UK National Licences, but has been extended to 8th of April 2015. Thereafter, a 12 months extension can be issued on an individual basis. After that, Annex II only.
MJ