So that to me, means we should follow MIs.
Then you're reading it wrongly - confirmed by you emphasising the wrong word.
Try
Every item of equipment shall be selected and erected so as to allow compliance with the regulations stated in other parts of BS7671 and shall
take account of manufacturers instructions.
"Take account of" does not mean "blindly follow no matter what". (At least, it doesn't in the UK. In other parts of the world, e.g. the Wallis & Fortuna Islands I believe it does.)
510.2 subordinates the following of MIs to compliance with the Regulations.