Sounds like a good sortie profile. But why not get both your 'students' to fly the new SEP Class Rating Proficiency Check profile (virtually exactly what you described anyway) and say that you'll fly that together so that they'll know what the new JAR requirements are for a revalidation proficiency check. You'll impress them with your knowledge and they'll probably appreciate it as a practical introduction to the new requirements. Also check whether either is in need of the biennial JAR 'training flight with an FI' to be signed in their logbooks. Best of luck!!