It gives oil to fasten ring contrivance (5-4)

I believe the answer is:

neats-foot

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'it gives oil' is the definition.
I know nothing about this answer so I can't judge whether it can be defined by this definition.

'to fasten ring contrivance' is the wordplay.
'ring' becomes 'o' (letter resembling a ring).
'contrivance' indicates an anagram.
'to'+'fasten'+'o'='tofasteno'
'tofasteno' is an anagram of 'NEATS-FOOT'.

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I've seen this clue in the Sydney Morning Herald.

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