No, the shaft pushes out from the pulley end. There will be two bearings and a spacer between. There is a bolt on the side if the casting that needs removing before getting the shaft out.
To reassemble you will need a 3/8” diameter BSW grub screw. You insert the grub screw into the inner spacer to locate it to allow you to assemble it again and everything is aligned to get the bolt back in. It sounds difficult, but isn’t, and becomes clear when you get it apart. The 3/8 grub screw is item no 400599661508 on eBay or similar. Download the AGS 12 literature from Wadkin which gives a good write up of how to reassemble.