(2) Notwithstanding anything in these Regulations, where these Regulations require a particular fitting, material, appliance or apparatus to be fitted or carried in a ship or any particular provision to be made in a ship, the Board may allow any other fitting, material, appliance or apparatus to be fitted or carried or any other provision to be made if it is satisfied that that other fitting, material, appliance, apparatus or provision is at least equivalent to that required by these Regulations.