I think you'll find that the brass piece is externally threaded, and screws into the CI body of the gearbox. The 'slots' are there for a driver ( best made, with a pilot to fit the bore ). The chromed ring probably therefore screws onto an extension of the threads, trapping the glass between the two. Be careful when attacking the chromed part – it's likely to be brass, so easily marred.
Hylomar is a good sealant, if subsequent disassembly is required, but pretty much any low-strength oil-resisting sealant will do here. Loctite 567 Hydraulic Sealant (assuming the number is current) is a great sealant for drain plugs and any union which relies on the threads for sealing. It sets, but is easy to undo. I wouldn't use it on the chromed ring, however – that needs to be easily undone.