The little black plastic tab is circled in red.
It is called an "eccentric", because when you insert a small flat screwdriver and rotate it, it causes the mechanism underneath to displaced in an elliptical motion.
The objective is to find the sweet spot, where no buzzing occurs when you push the LIFT button, and the Tonearm moves correctly towards the LP.
Click on the picture to display it fully.
BTW, I drilled an exact position hole in the underplatter, to provide easy access for adjusting the tab, without having to remove the belt and underplatter each time I needed to adjust the tab, in 10-degree rotation increments.
Also, because you do NOT install the main platter during these adjustments, and because the platter mechanism needs to be weighted down, so I put a roll of solder in the center of the underplatter.
If not weighted down, the belt unravels during rotation!
Location: Jerusalem
My B&O Icons: