Part 61 gotcha for Chief Pilots/AOC holders and syndicates.
It was my understanding pre CASR Part 61 that a pilot completing induction training with an AOC holder could be trained / considered competent to operate a type within a group (class) by the Chief Pilot. The Chief Pilot didn't necessarily need to hold an instructor rating provided the pilot held the appropriate design feature endorsements. An example might be a pilot with say Cessna 210 experience could be "checked out" by the Chief Pilot to fly a C182RG. Under CASR 61.385 (general competency) the Chief Pilot NOW needs to hold an instructor rating with at least a grade 2 training endorsement. The same story with syndicates, no longer could an experienced member "hold the hand" of a new member to gain experience, this now must be completed by an appropriately rated flight instructor. Refer 61.385, 61.1165(e). CAO 40 didn't specify how this was to be done or what qualifications were required, it just said you needed to know how to operate the aircraft and hold appropriate design feature endorsements.