No, no manual fuel tap, just the solenoid which stops the fuel leaving the float chamber via the main jet. It was probably developed as a nasty fix for when users turn off the engine at full throttle and are startled by the bangs from the exhaust.
For some reason mine got weak when warm and couldn't pull the needle down against the spring so shutting off the fuel. The solenoid seems difficult to disassemble without damage and as a new one is close to £100! it seems that a 10p set screw was the correct fix.
Pete