Brake band for lathe

[MWF FEED]

The time has come to replace the brake band on my lathe and I am a little surprised by what I've found when I removed the brake band. I expected to find a metal band with a traditional riveted lining such as you would find on a contracting band brake as fitted to a tractor or dozer steering clutch, but what I found looks more like a strip of fiber reinforced conveyor belt or a section of flat belt with two rivets at each end fixing it to the steel band. As can be seen from the picture, it does not appear to be a normal friction material as found in automotive brake systems. My initial plan was to get it relined at our local brake shop, but I'm having second thoughts now.
20201108_164939.jpg (https://metalworkforums.com/attachment.php?attachmentid=389479&d=1604838603)
I'm not overly familiar with what is normally done in this area for lathes, but it strikes me that a rubber lining is probably not what's meant to be there. Any thoughts from the brains trust?
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