EBU Single Rulebook Q&A 1 September 2017 2017_3509 Treatment of expected loss amounts in validation rule v4772_m

Is validation rules v4772_m correct? The validation rule v4772_m: [C 08.02 (All rows, All sheets)] {{c280}} <= {{c020}}, indicates that the Expected Loss Amount should be less than the Original Exposure.We believe this validation will fail where the Credit Risk Mitigation Substitution Approach is used, for example where there is a guarantee.