Can the current "40% discount offer" be used if you are already paying for Creative Cloud?

I saw people sharing this offer through different socail networks:
https://creativecloud-specialoffer.adobe.com/special-offer/?loc=en_GB&cc=GB
Im already a paying Creative Cloud customer, and i would love to only pay 40% of what i do now for a year.
Starting a new business, i need to keep costs as low as possible, so this would be heaven sent.
So can i "Upgrade" my current subscription to this new discounted one?
I hope someone can help me out.
Best reguards!

The offer is for customers who own a perpetual license from CS3 onwards. Thus the wording "Offer available to all registered users of individual products and suites, CS3 or later."

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