PARKING BRAKE QUADRANT PIVOT PIN SEIZED - HAVEN'T A CLUE WHAT THIS IS BUT THE MOT GUY QUOTED ME 40 TO FIX IT. SOUNDS LIKE A JOB FOR WD40?

any one know what this part is please ???
PARKING BRAKE QUADRANT PIVOT PIN SEIZED - HAVEN'T A CLUE WHAT THIS IS BUT THE MOT GUY QUOTED ME 40 TO FIX IT. SOUNDS LIKE A JOB FOR WD40?

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