680.23(F)(2)(b) If the underwater luminaire is supplied from a transformer, ground-fault circuit interrupter, clock-operated switch, or a manual snap switch that is located between the panelboard and a junction box connected to the conduit that extends directly to the underwater luminaire, the equipment grounding conductor shall be permitted to terminate on grounding terminals on the transformer, ground-fault circuit interrupter, clock-operated switch enclosure, or an outlet box used to enclose a snap switch.