I fly an experimental aircraft. How does this change in policy apply to me?
If you are not giving or receiving instruction in the aircraft, this policy does not directly apply to you. Compensating or hiring an individual to fly with you in an experimental aircraft is now considered contrary to the rules. To fly with a compensated or hired CFI, you or the CFI now need a Letter of Deviation Authority (LODA).
Does the owner/operator, the CFI, or both need the LODA?
Only one person in the cockpit needs to have the LODA. If you are a CFI and your student holds a LODA for their aircraft, you are covered.