This is part of the "Upper Gear Housing Unit" per the Crawley Marine diagram.
See picture:

I do not have a press, so I installed the Water Pump Adapter Seal, # 47 into the Water Pump to Gear Housing Adapter, #45 by tapping it into place with a socket and a hammer. I think it was fully seated, but it was hard to tell.
Here is a picture after installing the Water Pump to Gear Housing Adapter into the OD.
Does that look correct?
Everything else seemed to go together correctly.
See picture:

I do not have a press, so I installed the Water Pump Adapter Seal, # 47 into the Water Pump to Gear Housing Adapter, #45 by tapping it into place with a socket and a hammer. I think it was fully seated, but it was hard to tell.
Here is a picture after installing the Water Pump to Gear Housing Adapter into the OD.

Does that look correct?
Everything else seemed to go together correctly.