Hi AC - Yes, seems fine to me.
On another note, my line of thought is people from longer time taking VOs (like SGVO for example.....especially that take longer than a year or so) might be better off not worrying about PCCs upfront with the application, as most likely by the time their MR comes it might be well past 1 year so CIC might ask for an updated PCC again at this time, and therefore the earlier effort on PCC goes to waste. However, I am not sure if CIC does ask for new PCC, in such cases.
But I am very sure, they can very well ask that in cases where end to end PR processing time is far greater than one year. Just my view!!!