context for simple type definition in simpleContent restriction

Hej,

the schema spec 1.1 says for the {context} of a simple type defined inside a 
simpleContent restriction:

2.4.2 otherwise (the grandparent element information item is <simpleContent>), 
the Simple Type Definition which is the {content type} of the Complex Type 
Definition corresponding to the great-grandparent <complexType> element 
information item.

But doesn't that mean that the simple type can end up with the context 
pointing to itself, as the simple type can be the {content type} of the 
Complex Type Definition in some cases?

Shouldn't the complex type definition be the {context} of the simple type 
instead? Otherwise I don't see how the context could be a Complex Type 
Definition as mentioned in http://www.w3.org/TR/xmlschema11-1/#std-context

Ciao,
Tobias