Dust cover for expander unit 515466. Not sure how it will let oil in - should not be any oil on the outside! But it is needed to keep water, mud and dust out of the actuator.
Oil will usually get onto the brake shoes from a leaking rear seal. If you have not replaced this, it is probably a good idea. But note that there is a slot machined on the surface the brake backing plate to allow any oil leakage to drain outside of the backing plate. Make sure that you do not block this when assembling the handbrake, and check it is clear every service.
On your comment about the bottom plate studs not being loctited - it might be worth noting that this box was designed (1947) before the invention of loctite (1953), and almost certainly made before its use received widespread acceptance (about 1970 - 1980).
John
John
JDNSW
1986 110 County 3.9 diesel
1970 2a 109 2.25 petrol
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