Linux – Why is the swap not being activated automatically via fstab

I've got a Linux embedded system that I'm experimenting with (the Elektor Embedded Linux Made Easy board, based on the GNUBLIN http://en.gnublin.org/index.php/GNUBLIN-Elektor). I'm using the 3.3 kernel provided by them (http://en.gnublin.org/index.php/Kernel_compile_%2B_Module_installation), which I've configured and compiled myself. I built the root file system myself using buildroot.

I've been experimenting with swap on this board (it's only got 8MB RAM!) and I've got it working. However I can't seem to get the system to automatically mount and activate the swap via fstab. My swap is implemented as a dedicated partition on the microSD card (mmcblk0p4). Here is my fstab:

# /etc/fstab: static file system information.
#
# <file system> <mount pt>     <type>   <options>         <dump> <pass>
/dev/root       /              ext4     rw,noauto         0      1
/dev/mmcblk0p1  /media/mmc_1   ext2     defaults          0      0
/dev/mmcblk0p4  none           swap     auto              0      0
proc            /proc          proc     defaults          0      0
devpts          /dev/pts       devpts   defaults,gid=5,mode=620   0      0
tmpfs           /dev/shm       tmpfs    mode=0777         0      0
tmpfs           /tmp           tmpfs    mode=1777         0      0
sysfs           /sys           sysfs    defaults          0      0

swap works, because if I enter swapon -a in the command line, it becomes activated, as reported by free. But it just won't activate automatically on boot.

My other entries in fstab work fine – for example, /dev/mmcblk0p1 is auto mounted correctly on boot.

I've pasted the output of the boot process here: http://pastebin.com/0qQ4RAd8

Any thoughts?