[Code of Federal Regulations] [Title 46, Volume 2] [Revised as of October 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 46CFR62.15-1] [Page 299] TITLE 46--SHIPPING CHAPTER I--COAST GUARD, DEPARTMENT OF HOMELAND SECURITY (CONTINUED) PART 62_VITAL SYSTEM AUTOMATION--Table of Contents Subpart 62.15_Equivalents Sec. 62.15-1 Conditions under which equivalents may be used. (a) The Coast Guard accepts a substitute or alternate for the requirements of this part if it provides an equivalent level of safety and reliability. Demonstration of functional equivalence must include comparison of a qualitative failure analysis based on the requirements of this part with a comparable analysis of the proposed substitute or alternate.