Still not seeing it. Let's say that I don't want to use the "rating of the equipment containing an overcurrent device(s) supplied by the tap conductors" clause in 240.21(B)(1)(1)(b). Then the rest of 240.21(B)(1)(1)(b) becomes:
(A) "[The ampacity of the tap conductors is] not less than the rating of the overcurrent protective device at the termination of the tap conductors"
Whereas 240.21(B)(2)(2) says
(B) "The tap conductors terminate in a single circuit breaker or a single set of fuses that limit the load to the ampacity of the tap conductors."
Those are just two different wordings of the identical idea. I don't see how one can read (B) to allow 70A ampacity conductors to land on a 100A fused disconnect switch with 70A fuses installed, while not reading (A) to allow the same thing.
In other words, if we agree that conductors landing in a fused disconnect "terminate in a single set of fuses", which we must if we say that clause (B) above is compatible with the use of a fused disconnect, then clearly the fuses are an "overcurrent protective device at the termination of the tap conductors," and so satisfy clause (A).
Cheers, Wayne