He's probably taking the last paragraph of 411.3.1.1: "A circuit protective conductor shall be run to and terminated at each point in wiring and at each accessory except a lampholder having no exposed-conductive-parts and suspended from such a point." out of context.
He needs to first consider the first paragraph of 411.3.1.1: "Exposed-conductive-parts shall be connected to a protective conductor under the specific conditions for each type of system earthing as specified in Regulations 411.4 to 6."
If there are no exposed-conductive-parts, then there is no requirement to connect them to a protective conductor, and no requirement to run and terminate that protective conductor at each point etc.
Regulation 411.8.5 is in relation to reduced voltage (110V), not low voltage.
Regulation 412.2.3.2 is in relation to the possible use of a CPC at some point in the future, not in relation to protecting the run of the cable.
Considr this, a bell transformer sited fairly close to a CU.
Would you run a CPC from the CU to the transformer if there is no earthing terminal at the transformer?