Yes it is a jubilee clip and they work by cutting through a clip 2/3rds of the way around from the worm gear, flatten it out drill a 4mm hole at opposite ends of the now flat j-clip. Bend the shorter tag to a right angle which lets you fix it with a screw. the other end you need a pan head machine screw, make a little flat spot right near the head then drill a 2mmhole through it. Your string gets threaded through the hole in the screw, then you put the screw through the hole in the other tag end of the j-clip add a spring washer and nut tighten the up . hope this helps
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