Abstract: A camshaft (326) has a vane (360) secured to an end thereof for a non-oscating rotation therewith. The camshaft also carries a timing belt driven pulley (332) which can rotate with the camshaft but which is oscillatable with respect to the camshaft. The vane has opposed lobes (360a, 360b) which are received in opposed recesses (332a, 332b), respectively, of the pulley. The recesses have greater circumferential extent than the lobes to permit the vane and sprocket to oscillate with respect to one another and thereby permit the camshaft to change in phase relative to a crankshaft whose phase relative to the sprocket is fixed by virtue of the timing belt (338) drive extending therebetween.