(a) Each inspection authorization expires on March 31 of each year.
However, the holder may exercise the privileges of that authorization only
while he holds a currently effective mechanic certificate with both a
currently effective airframe rating and a currently effective powerplant
(b) An inspection authorization ceases to be effective whenever any of
the following occurs:
(1) The authorization is surrendered, suspended, or revoked.
(2) The holder no longer has a fixed base of operation.
(3) The holder no longer has the equipment, facilities, and inspection
data required by §65.91(c) (3) and (4) for issuance of his authorization.
(c) The holder of an inspection authorization that is suspended or
revoked shall, upon the Administrator's request, return it to the