I think in the GR3/4 days it was more like this one as far as colour scheme is concerned. This particular one seems to be pretty well bombed-up and is possibly for the GR5/7!!
In fact, here's a video snapshot of Kiwi wearing the patch (3 Sqn late 80s)
Pouches - Hmmm, vague recollection that the left was the PLB.