Vessels to which this Code applies and which comply with
its requirements, will be exempt from the need to comply fully with
the Merchant Shipping (Training and Certification) Regulations 1997,
SI 1997 No. 348, as amended and the Merchant Shipping (Safe Manning,
Hours of Work and Watchkeeping) Regulations 1997, SI 1997 No.1320
provided the manning of the vessel is in accordance with the standards
given in paragraph 2 below when operating in the areas described in
paragraph 1 below.