@Ovlover has a 700/900 pedal box for sale for $200.
https://ozvolvo.org/discussion/comment/120644/#Comment_120644
ToomanyVolvos;121362 wroteWouldn't the custom / modified tailshaft plus adaptor plate and bellhousing machineing etc end up costing a packet?
The VQ and DeeWorks adapter plates bolt onto a Volvo manual bellhousing without any machining. You may need to obtain a second front tailshaft section and have it shorten and balanced to fit the T5, and you will need to sort out the gearbox crossmember. With LH 2.2, you don't even need to worry about having a flywheel with timing marks on it.
I like the idea of keeping it stock / OE as it's on club plates. Also wondered how tidy the shifter looks on a T5 conversion.
If you use a T5 gearbox from an AU Ford, nobody will ever know unless they look hard under the car. The AU Ford version of the T5 box has its shifter lever in the correct position for 700/ 900 fitting. Obtaining engineering approval shouldn't be a problem unless it;s a real dog's breakfast of a job.