Re: Morphy Richards Toaster circa 1950
Bin it.
The Mica supports the live, un-insulated elements and holds them away from the metal sides, which might be earthed, or might not be...
I know we're all for repairing old stuff rather than replacing, but I think that's your only sensible option here, as there is no knowing how much further those panels will deteriorate over time. They certainly won't improve with age!
Definitely not worth the risk in this case.
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