That is the part that was broken on my S60, difficult to see when it is broken. On mine it was the smallest piece out of 5 increasing pieces. Most likely broke during transportation as I bought my new top on the internet and it came without the plastic cap on it. I had the same 2 fault codes as You,...

I replaced my top yesterday and got the same problem as You. It started and run 20 s and then died.
In my case it was the camshaft position indicator that did not work. I removed it and found that the
metalpiece mounted on the camshaft was broken. Replaced it and now it works.