Yeah Oil Level Sender.
We have a P4 90 - 1957 and a P4 100 1961 at home to restore when I have time and practically another 2 cars in parts including 2 spare engines.
Can confirm later what the exact part is as have the workshop manual at home.
https://www.aulro.com/afvb/images/im...017/01/461.jpg
1957 P4 90
https://www.aulro.com/afvb/images/im...017/01/462.jpg
1961 P4 100
https://www.aulro.com/afvb/images/im...017/01/463.jpg
1962 P4 100 Donor Car had a 186 Holden engine in it, now in the shed.

