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Thank you all for your assistance and apologies for not having posted earlier, but life is never simple.

Eventually contacted the Australian War Memorial, Canberra, for assistance with the rifle...

Strangely Brown,

Yes it is definitely a V in a circle with and E in a circle on the opposite side, refer to additional photo's provided in the thread.

---------- Post added at 04:27 PM...

Jc5,

Invaluable, thanks for your information, it has made my day.

Yes, refer to additional photo's. The action has a G 852 (a small single indent is rear above the 2) at the rear of the breech...

Jc5,

Invaluable, thanks for your information, it has made my day.

Yes, refer to additional photo's. The action has a G 852 (a small single indent is rear above the 2) 121169121170121171121172at...

Thanks for the comments, if any of you know the answer to the "V" circle proof mark on the left side it would be appreciated.
Additionally, if anyone knows anything about J Kelly, Trooper 2029 0f...

Acquired a Number 3 trade pattern BSA Lee Speed carbine earlier in the year and trying to piece together the story.

Appears to have been in both Boer and Commonwealth forces (Doyle Scouts) hands,...