Admissibility of previous inconsistent statements as evidence of truth

Where in a criminal proceeding, a person is called as a witness for the Prosecution and– (a) he admits to making a previous inconsisten statement; or (b) a previous inconsisten statement made by him is proved by virtue of section 71 or 72, the statement is admissible as evidence of any matter stated in it of which oral evidence by that person would be admissible and may be relied upon by the Prosecution to prove its case.