TheDrop
You are nearly right. What you quoted from was the ATPL Integrated Course. From memory (I may be sad, but I'm not sad enough to have a copy of JAR-FCL 1 at home), the only difference between that and the CPL Integrated Course is the MCC. Everyone who is approved for an ATPL Integrated Course is automatically approved for a CPL Integrated Course. The course and the licence is identical other than the MCC certificate. i.e. both result in a fATPL
The effect of this is that the MCC may become a stand alone 'module'. For example, our BA cadets do their MCC on the BA Jet Orientation Course (JOC). Anyone who does an Integrated Course has the option (subject to their contract with the FTO) to not do the MCC.
As far as I am aware, a number of airlines do not require MCC prior to application as it is incorporated within their TRTO approval.
Yes, this is a means to save money. Yes, many people do an MCC twice. Yes, there may be other value of an MCC (more sim time, proof of enthisiasm, etc.).