No person shall act as the pilot of an aircraft whilst in or over any part of the Republic or the territorial waters thereof unless such person -
(a) holds a valid appropriate pilot license and rating issued in terms of this Part or Part 61; or
(b) holds a valid pilot license and rating validated in terms of this Part or Part 61; or
(c) if the aircraft is of a foreign nationality, either -
(i) holds a valid pilot license and rating issued by the appropriate authority of the State of Registry, provided such State is a Contracting State; or
(ii) has obtained the permission of the Director, if the State of Registry is not a Contracting State.