I have been using Motul two stroke transmission oil, and BelRay EXP 20-50 as per recomendations from Selveraj N. from talking to him in the 70's. He claimed the entire Maico team used BelRay EXP exclusively in the trannys.
Both oils have been excellent for me in all 30 of the Maico's I own, all models up to 1982, the later models, 83 and newer I would recomend the Motul.
Paul