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Flag etiquette is a veritable minefield. To fly the white ensign by a non commissioned ex warship would require a special dispensation from HM via MOD. I suspect they requested it and it was granted on a number of conditions, namely the vessel is part of a recognised UK military related charity, the ship is maintained in good condition and timings of flying the flag are agreed, all in all not to bring disrepute upon HM. I can only assume that the submarine is run under a different organisation within the dockyard and as such only qualifies as a UK registered vessel for which all craft are free to fly their national maritime ensign.
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