(1) The floodable length at any point shall be determined by a method of
calculation which takes into consideration the form, draught and
other characteristics of the ship in question.
(2) In a ship with a continuous bulkhead deck, the floodable length at a given
point is the maximum portion of the length of the ship, having its
centre at the point in question, which can be flooded under the
definite assumptions set forth in section 4.26 without the ship
being submerged beyond the margin line.
(3) In the case of a ship not having a continuous bulkhead deck, the floodable
length at any point may be determined to an assumed continuous
margin line which at no point is less than 76 millimetres below the
top of the deck (at side) to which the bulkheads concerned and the
shell are carried watertight.
(4) Where a portion of an assumed margin line is appreciably below the deck to
which bulkheads are carried, the Administration may permit a limited
relaxation in the watertightness of those portions of the bulkheads
which are above the margin line and immediately under the higher
deck.