(g)(1) above is a prerequisite to obtain the qualification, not to exercising the privileges of it if already obtained. New book poor wording!
You should be aware of
AIC 13/2012 which announces a change to the requirements to add the IF Instructional privilege to an FI rating. You have until 1st July to complete your training and get the application in!
The AIC also contains an error:
3.2 Applications from 1 July 2012 for privileges granted under Part-FCL requiring the individual to have completed a minimum number
of flying hours in an aircraft in accordance with IFR will only be accepted where the required experience has been gained in flight in
circumstances requiring compliance with IFR.
Part FCL only requires that it be flight conducted in accordance with the IFR and makes no stipulation that the IFR experience has to be be gained in flight "in
circumstances requiring compliance with IFR" i.e. mandatory rather than optional IFR!
The CAA recognised in 1997 that this requirement would just about stop dead instrument instruction and introduced the 4:1 ratio. It appears there is now nobody left that understands the issue, and the supply of instrument instructors will cease forthwith.