Deducts, takes away (9)

I believe the answer is:

subtracts

I believe this clue is a double definition.

'deducts' is the first definition.
('subtract' can be a synonym of 'deduct')

'takes away' is the second definition.
(I've seen this before)

(Another definition for subtracts that I've seen is " Deducts, takes away".)

I've seen this clue in The Irish Times.

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