FAA licence/medical question
My FAA licence is ATP and I fly Part 91. I'm over 40 and operate a 2 crew a/c over 12,500 lbs as PIC. I normally renew my Class 1 medical every six months, but.....
Question: If I let the medical run for 7 or 8 months, may I still operate on the basis that I will be using Commercial privileges as my medical will have dropped down to Class 2?
FAR's state:
(2) Must hold at least a second-class medical certificate when exercising the privileges of a commercial pilot certificate;
I assume that as my ATP certificate permits me to exercise the privelidges of a Commercial certificate, when my medical converts to Class 2 I am good to fly when only commercial certificate is required.
Am I correct?