Went through this with a Vermeer/Cat engine. The sensor was not shown on the Cat parts diagram. Found a look alike on ebay for much less, but because the thread did not match it would not work.
After giving in...the Vermeer part arrived in a package for their stump grinder. The connector was different, but the sensor screwed into the bell housing okay so the connector was eliminated by splicing and soldering.
BUT why am I sharing my story for a Bandit machine? Good question.
It did not fix the problem, there was a wiring issue between the sensor and the computer.
By measuring the sensor signal with a DVM (at the sensor) and then at the computer I would have discovered the actual fault.