Template argument deduction is done by comparing the return type of
the
conversion function template
(call it
P)
with the type that is
required as the result of the conversion (call it
A; see [dcl.init], [over.match.conv], and [over.match.ref]
for the determination of that type)
as described in [temp.deduct.type].
If P is a reference type, the type referred to by P is used in place
of P for type deduction and for any further references to or transformations of
P in the remainder of this subclause.
If the original A is a pointer-to-member-function type,
A can be “pointer to member of type function”
even if the deduced A is “pointer to member of type noexcept function”.