[Ref VFRG, Air Pilot’s Manual 1-Flying P.242]
Green
On ground – Authorised to take off
In flight – Authorised to land
Flashing Green
On ground – Authorised to taxi
In flight – Return for landing
Red
On ground – STOP
In flight – Give way to other aircraft Continue circling
Flashing Red
On ground – Taxi clear of landing area In use
In flight – Do not land Aerodrome unsafe
Flashing White
On ground – Return to starting point on aerodrome