That’s a cut-and-paste from the EASA Aircrew Regulation not the UK version.
Yes it is . Are you providing the UK version for us? I believe the CAA introduced a form to apply for the 'JAA' credit that the EASA regulation provided. I can't find the CAA reference to this though. However, I have it in my bones that this provision expired in 2016 but again that too is only a hunch.