Both on=Bat & Alt on
Both off=Bat & Alt off
Split=Bat on Alt off
Turning Alt on forces Bat on
Turning Bat off forces Alt off
Take your ohm meter and figure out off/on checking the fast on tabs until you get the above results.
The idea behind this switch is to prevent the Alt on with the Bat off which could result in "smoke in the cockpit".
Very bad thing: Alt running with the battery disconnected.
