Happy New Year Mull, hope that you are safe and warm up there.
There's nothing wrong with your memory, the passing place is still in the same spot and there is another passing place on the section between the summit and the half way station. If you look closely at the tram you can see the passing place at the back of the tram.
A few years ago at roughly that spot a tram collided with a campervan and took part of its roof off