The operator of each vessel not subject to inspection by the Coast Guard shall be required to carry one lifesaving device of a type approved by the Coast Guard for each person aboard. In this regulation the term “vessel” has the meaning stated in COMAR 08.04.01.25 and includes any sailboat, ice boat, sailboard, canoe, kayak, rowboat, paddle boat, raft, or any other device capable of being used as a means of transportation on water or ice. The operator of a sailboard may meet the requirement set forth in §A, of this regulation, by wearing the following equipment so that positive buoyancy is provided to the operator: Neoprene wetsuit or drysuit; Closed-cell foam design padded chest, waist, or seat harness; or Combination of the equipment specified in §C(1) and (2), of this regulation. From October 15 to May 15, inclusive, an operator of a sailboard shall wear a neoprene wetsuit or a drysuit which covers the entire torso of the body. This regulation does not apply to any person participating in a sanctioned exhibition, regatta, marine parade, tournament, or any other vessel competition or event for which the Secretary or the Secretary's designee has granted written exemption.