The Dewhurst is a direction switch, not a stop start switch. In practice perfectly compliant with modern safety expectations if used for that job in conjunction with a No Volt Release device to do the actual starting and stopping after the direction has been selected.
Whatever any theoretical non-compliance may be dredged up in the minute detail of the regulations a Dewhurst in decent condition and properly installed is a darn sight safer than the common cheap import forward-reverse / stop start devices. Although I’ve used them in extremis I’ve not been happy with what I’ve seen on teardown inspection of failed units.
Objectively the correct way to do the job is with remote buttons linked up to an interlocked reversing dual contactor unit. Maybe £70 all in including proper shielded push button units. More if you need a box rather than, as I would putting it in tech cabinet with cover.
Next best is a proper stop start box with name brand contactor inside, Machine Mart are relatively cheap and of respectable quality, followed by the Dewhurst.
Its sensible to add some form of foot bar operated emergency stop system. easily done with proper contactor systems. Impossible with the inexpensive imports. I’ve never worried about not having an emergency stop bar in over 50 years of machine work. But it is the sensible thing.
A major advantage of a Dewhurst is that everything can be inspected and any potential issues, whether wiring or contact related easily seen. They are also really durable even if grossly abused. For example by folk using them as stop start devices.
Clive