Let's use my Woking - Bournemouth example mentioned before. The ticket states:
From Woking
To Bournemouth
South Western Railway only
17:46 South Western Railway
from Basingstoke
to Bournemouth
If I try to take the rules to the letter, the ticket is only valid on the 17:46 service from Basingstoke (which doesn't call at Woking). It is not valid on any other services, i.e. no services at all to get me to Basingstoke. In such case, can an inspector on a Woking to Basingstoke service Penalty Fare me on the basis that I'm not travelling on a service shown on the ticket, which implies no journey can be made on the ticket?
And, to
@Watershed , the wording I have bolded appears to have been made up, as I can't find the exact meaning in any official sources including the NRCoT and National Rail Enquiries. From my understanding, I can only travel on the trains
shown on the ticket, rather than the trains I
selected. The difference allows me to create a situation which I can select trains which, due to the system design, not to be shown on the ticket.