1 With the belt de-coupled, does the spindle revolve freely when chuck spun by hand. If not, find out why before proceeding.
2 check for any obvious oil contamination and clean.
3 If you have, as I think, a link style belt, bear in mind the tension may often need to be much higher than for a normal A section V belt, and the cheaper the replica belt the higher the tension required, usually.
4 Replace dodgy belt with standard or segmented A section belt for little cost, or if you have to, get a genuine Fenner product replacement. You should then be good to go with 40 thou cuts (if you want to be brutal).
BTW a suitable basic 23 inch A section V belt should cost about a fiver plus delivery from any number of bearing, drive, belt, motion factors on the net.
Edited By Martin of Wick on 06/03/2022 18:28:37