Thanks QFF, I have GTE and PXS on the new licence.
Reading 61.747 clarified a bit.
Here is an extract relevant to anybody who held a C208 endorsement (or for that matter King Air 200, Conquest, etc.) before the 1st September 2014:
61.747 Limitations on exercise of privileges of class ratings in certain aircraft—flight review
(1) The holder of an aircraft class rating is authorised to exercise the privileges of the rating in an aircraft of a type mentioned in subregulation (2) only if the holder has:
(a) completed the flight training mentioned in subregulation (3) for the aircraft type; and
(b) successfully completed a flight review in:
(i) an aircraft of the type; or
(ii) an approved flight simulator for the flight review.
(2) For subregulation (1), the aircraft types are prescribed in an instrument under regulation 61.062.
(3)..............
(4) The holder of a class rating that was granted on the basis of regulation 202.272 is taken to meet the requirement mentioned in subregulation (1) for a type of aircraft if, immediately before 1 September 2014, the holder held an aircraft endorsement that was in force for the type of aircraft.
The instrument mentioned in subregulation 2 above is CASA 186/14.
What really strikes me as a vicious circle is that the only way to show anybody (a potential employer, FOI etc.) that you satisfy subregulation 4 above is to show the logbook with the appropriate sticky label or the old CAR 5 licence.
For this reason I'm going to hold on to the old licence and carry it with me together with the Part 61 one.
Why CASA can't simply write it as an endorsement of the SEA class rating escapes me.