I am still waiting for an answer from FCL, but here, albeit indirectly from a former colleague, is the CAA response to a similar question.
The holder of either a Part-FCL PPL(A) or JAR-FCL PPL(A) or UK national PPL(A) with a valid SEP or TMG Class Ratings and appropriate validating Medical Certificate or Part-FCL LAPL(A) within the recency period for the endorsements with appropriate validating Medical Certificate or NPPL(A) with a valid SSEA or SLMG Class Rating and valid Declaration of Health who wishes to fly a microlight aircraft is required to seek appropriate differences training with a qualified Instructor before undertaking a flight as commander in a microlight aircraft irrespective of the control system in the aircraft. The training should be entered into the pilots logbook as pilot under training
Ifitaintboeing, You were correct in your interpretation.
MJ
