Thanks Tom. At least someone can be specific! I take your point about the cost of the stopping time regulation. Like most safety regulations, it applied to you as a self employed person whether or not you had employees, though enforcement against a one man band would possibly have been much less likely. There was a quite long lead in time allowed so that businesses could either retrofit or modernise as you did in the end.
The trouble with expecting employees to wait for the machine to stop is that mistakes happen, specially in a busy shop where the machine running down may be hard to hear. And it seems unsatisfactory to have to wait until you can see the teeth to know there is no danger. Working by yourself it may be easier to know the machine has stopped, and you may have had good work habits trained into you. Not all employers do train their employees, so it is inherently safer to have short run down times. Similar to guarding really, an experienced worker may get away with taking guards off for quite a long time, but sooner or later will have a moment of carelessness and get caught.