If you hold an ATPL you can, on the appropriate aircraft category:
exercise all the privileges of the holder of a, PPL or CPL;
act as PIC in commercial air transport
Theoretical knowledge examinations
When you apply for your ATPL, you must have previously passed the ATPL theoretical knowledge exams in the relevant subject areas. You will likely have done this as part of your training towards the CPL/IR or MPL. The theoretical knowledge areas include:
Air law
Aircraft general knowledge — airframe/systems/powerplant
Aircraft general knowledge — instrumentation
Mass and balance
Performance
Flight planning and monitoring
Human performance
Meteorology
General navigation
Radio navigation
Operational procedures
Principles of flight
Visual flight rules (VFR) communications
Instrument flight rules (IFR) communications
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