It specifically lists the equipment that its applicable, cook tops and ovens. A while back I replaced an oven in my folks home, it was wired by a legit sparkie back in the day. Not much has fundamentally changed about this part of the code except grounding and while I was at it I changed out some wires for dryer also, all to 4 wire. The oven and cook top were separate units all wired to a 50A circuit, the old oven had 3 K or so load as did the new one. Since it was hooked to this 50A they had 12 wire, code compliant and the guy new, he was thrifty with wire, range hood was separate and not connected to the unit, wired to a separate circuit. If it would have been legal to connect it he would have. He knew the letter of the code. I did run separate circuits to oven and cook top, since I did I could go to 14 wire as it was on its own breaker now, would have had to use 12 if I reconnect to same feed as the original.
There are places they do allow this type of wiring but they are very specific, if they list what is allowed it excludes things not listed. Code language is funny that way.