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777 

Federal Aviation Administration, DOT 

§ 91.1015 

operational control responsibilities de-
scribed in the acknowledgment. 

(c) Each program manager must en-

sure that the fractional owner or own-
er’s representatives have access to the 
acknowledgments for such owner’s pro-
gram aircraft. Each program manager 
must ensure that the FAA has access 
to the acknowledgments for all pro-
gram aircraft. 

P

ROGRAM

M

ANAGEMENT

 

§ 91.1014

Issuing or denying manage-

ment specifications. 

(a) A person applying to the Adminis-

trator for management specifications 
under this subpart must submit an ap-
plication— 

(1) In a form and manner prescribed 

by the Administrator; and 

(2) Containing any information the 

Administrator requires the applicant 
to submit. 

(b) Management specifications will 

be issued to the program manager on 
behalf of the fractional owners if, after 
investigation, the Administrator finds 
that the applicant: 

(1) Meets the applicable requirements 

of this subpart; and 

(2) Is properly and adequately 

equipped in accordance with the re-
quirements of this chapter and is able 
to conduct safe operations under appro-
priate provisions of part 91 of this 
chapter and management specifica-
tions issued under this subpart. 

(c) An application for management 

specifications will be denied if the Ad-
ministrator finds that the applicant is 
not properly or adequately equipped or 
is not able to conduct safe operations 
under this part. 

§ 91.1015

Management specifications. 

(a) Each person conducting oper-

ations under this subpart or furnishing 
fractional ownership program manage-
ment services to fractional owners 
must do so in accordance with manage-
ment specifications issued by the Ad-
ministrator to the fractional ownership 
program manager under this subpart. 
Management specifications must in-
clude: 

(1) The current list of all fractional 

owners and types of aircraft, registra-
tion markings and serial numbers; 

(2) The authorizations, limitations, 

and certain procedures under which 
these operations are to be conducted, 

(3) Certain other procedures under 

which each class and size of aircraft is 
to be operated; 

(4) Authorization for an inspection 

program approved under § 91.1109, in-
cluding the type of aircraft, the reg-
istration markings and serial numbers 
of each aircraft to be operated under 
the program. No person may conduct 
any program flight using any aircraft 
not listed. 

(5) Time limitations, or standards for 

determining time limitations, for over-
hauls, inspections, and checks for air-
frames, engines, propellers, rotors, ap-
pliances, and emergency equipment of 
aircraft. 

(6) The specific location of the pro-

gram manager’s principal base of oper-
ations and, if different, the address 
that will serve as the primary point of 
contact for correspondence between the 
FAA and the program manager and the 
name and mailing address of the pro-
gram manager’s agent for service; 

(7) Other business names the program 

manager may use; 

(8) Authorization for the method of 

controlling weight and balance of air-
craft; 

(9) Any authorized deviation and ex-

emption that applies to the person con-
ducting operations under this subpart; 
and 

(10) Any other information the Ad-

ministrator determines is necessary. 

(b) The program manager may keep 

the current list of all fractional owners 
required by paragraph (a)(1) of this sec-
tion at its principal base of operation 
or other location approved by the Ad-
ministrator and referenced in its man-
agement specifications. Each program 
manager shall make this list of owners 
available for inspection by the Admin-
istrator. 

(c) Management specifications issued 

under this subpart are effective un-
less— 

(1) The management specifications 

are amended as provided in § 91.1017; or 

(2) The Administrator suspends or re-

vokes the management specifications. 

(d) At least 30 days before it proposes 

to establish or change the location of 
its principal base of operations, its 

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