You're quite right (although it appears on page 28 of the copy I have access to).
Bit strange that this CAA document seems to consider the 'applicant' to be the person applying to take the test, where in other documents the 'applicant' is the person applying for the rating.
In fact, looking into this in JAR-FCL 1 in more detail there seems to be confusion there as well, with 1.260 specifying 70 H P.1 required to apply for a MEP class rating, and other parts of the same documents talking about the applicant for a skill test requiring 70 H P.1 'subject to the requirement in JAR-FCL 1.260', which doesn't deal with minimum requirements to take a test.
I'm glad I've never been asked to examine somebody of this experience level (or lack of experience level) so never had a reason to look into it in too much detail.