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I do not think it necessary for CASA to regulate the CSF flight program. The role of CASA is that of an industry regulator and not to micro-manage community based volunteer programs or individual flights.
An example would be Angel Flights. In this case, the AF program does a very good job of regulating the pilots it has in its' current database. AF knows the specific currency of each pilot and stresses the need to use common sense when conducting flight(s) and whether to cancel them. This example shows the value of AF regulating the pilots that are utilised in the program. CASA could provide rules and regulations but will never come close to the value of a current self regulated body such as Angel Flights. Each flight is vetted by AF to ensure that safety is paramount; something that could not be attained by more regulations from CASA. Also pilots do not want to expose themselves to financial ruin, hence the concept of "Self Regulation by Common Sense." Risk mitigation is in the minds of each pilot.
There is no renumeration for the services provided and thus CSF should not be regulated to the same extent as an AOC holder. Think charitable vs wanting to make money...
Pilots that successfully complete the stringent testing and examination process outlined by the regulator CASA, should be able to conduct flights for community based charitable organisations as long as it is not for hire.
There is not need to regulate a sector of aviation that is regulated sufficiently.
I definitely say NO to CASA wanting to apply special or specific rules to an area of the aviation industry that is already regulated. There is no need to regulate just for the reason of regulating. If CASA wants to contribute to CSF programs then it would be best done in education to the industry CSF providers and the general public on risk mitigation, not regulation.