Although I realise he probably won't be able to do much with info from Ireland I'll send him on my details on this anyway.
I was taking to the guy who does my DOE's (MOT) when I was getting the D22 done and he says he sees loads of D40's coming in with this problem, always in the same place, passengers side, outside of the chassis leg, just behind the forward tub mounting point. Starts off as corrosion, ends in a crack, mine is just about going from the corrosion stage and will need to be plated.
They have no problem signing off a chassis like this as long as it has been properly plated along with an engineers report which they can provide.
My theory on this, poor materials used in initial construction, poor or complete lack of protection applied to the chassis after construction, and perhaps the cause of failure in this area might be it's exposed location to debris etc. thrown up by the rear wheel. Most puddles, mud, stones etc. are located in this area of roads.
On my truck the chassis is generally in good repair, this area on the drivers side is perfect, and the inside of the chassis on the passengers side where the crack is developing is in good condition.
It would be interesting to see if left hand drive trucks are having this problem on the opposite side.