No person shall conduct a take-off in a helicopter for which a minimum equipment list has not been approved and the helicopter has instruments and equipment, other than the instruments and equipment specified in subregulation (2), that are not serviceable or that have been removed unless-
(a) where the unserviceable instrument or equipment is not removed from the helicopter, it is isolated or secured so as not to constitute a hazard to any other helicopter system or to any person on board the helicopter;
(b) the appropriate placards are installed as required by the maintenance control manual; and
(c) an entry recording the actions referred to in paragraphs (a) and (b) is made in the flight folio, as applicable.