No person that conducted flights before November 17, 2003 under a program that meets the definition of fractional ownership program in Sec. 91.1001 may conduct such flights after February 17, 2005 unless it has obtained management specifications under this subpart. [Doc. No. FAA-2001-10047, 68 FR 54561, Sept. 17, 2003; 69 FR 74413, Dec. 14, 2004]