There is a useful description of the decoder,and a diagram in the service manual on site.
When the decoder is fitted,all audio passes via it including mono.If the signal strength meter is indicating a strong signal,and there is no hiss in the background,you can reasonably assume that the if stages are ok.
However,for correct stereo operation it's crucial that the stereo pilot tone is intact,and the other switching frequency (36Khz) too.A 'scope of course will help here,but if not available,check the voltages around the decoder transistors for clue's.Electrolytic's are suspect at this age of course,but in the case of the "repaired" decoder,this may have been attended to?
Don't be tempted to twiddle anything!
Other enthusiasts have discovered poor tuning capacitors in the various tuned networks too!
I have a BM900 in the "round tuit" corner!It has the decoder fitted,so I can compare notes if it will help?
Nick