History — 203.01

203.01 In this Subpart, Canadian air operator includes the holder of a flight training unit operator certificate and the holder of a private operator registration document; ( exploitant aérien canadien ) lease means an agreement in respect of the operation of an aircraft that (a) specifies a commencement and a termination date, (b) gives the lessee legal custody and control, and the right to exclusive possession and use, of the aircraft during its term, and (c) may include provisions respecting the operation of the aircraft for hire or reward; ( location ) leasing operation means the operation of an aircraft pursuant to this Subpart; ( utilisation d’aéronefs loués ) operator certificate includes an air operator certificate, a flight training unit operator certificate and a private operator registration document. ( certificat d’exploitation ) SOR/97-120, s. 1; SOR/2000-405, s. 17; SOR/2014-131, s. 7