A reasonable person would not even be considering any other interpretation.
If everyone was 'reasonable' we wouldn't need Regulations.
Personally, I don't think we need this one anyway. All this periodic experience nonsense should be done away with altogether, and just the 'flight with an Instructor' kept to qualify for Revalidation.
Dave's excellent table shows just how absurdly complex this area of Licence/Rating validity has become. I seriously doubt that more than half the Pilots in the UK even bother to keep track of their Licence/Rating validity any more, or that the CAA could successfully prosecute anyone for having an invalid Licence/Rating.
MJ
