Yes - I'd be doing the CPL flight training part time over say 4 months so it just gives me that little extra time before I'd have to commit to the IR. Lazors (2008) just says that you need passes in all theoretical knowledge subjects before undertaking the Skill Test. Not sure if this has since been updated. My local FTO seems to state the same:
"Prior to commencement of your training you would need to have amassed a total experience level of 150 hours of which 100 hours must be as pilot in command.
For the issue of your CPL you will need to pass 14 theoretical examinations and undergo 25 hours of flight training. You will also need a Class 1 Medical."
Any other persons understanding of the current situation much appreciated.