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That will work fine. Just be sure to use a piece of fuel injection hose , preferably submersible, between the pump and sender and put some better clamps on it than what's in the pic.
I agree with ls1nova71. You need to make sure the hose in the tank meets J30R10 spec (submersible fuel injection hose). Regular J30R9 (high pressure fuel) will fail when submersed.