I am assuming you live in the UK here.
You will need the boiler testing for public or club running, yes, but most of us have our models' boilers tested via the model-engineering club scheme.
You do of course need to be a full member of a club associated ( most, via one of the Federations) with the scheme – but this includes most model-engineering societies and more specifically the Model Power Boat Association..
You are right: Waverley's engine is not an oscillator, but a triple-expansion diagonal with conventional fixed cylinders and Stephenson's link-motion.