Well, it'll serve as a fan on/off switch, I suppose. But it won't isolate the fan as it is connected to line, switched line and neutral.i suppose with installing the switched fused spur i have the isolator there
These three are all defined as live conductors, and an isolator has to break all three to properly isolate the device.
But you are where you are now, but you'll have to decide which two of the three will you run through the fused switch. Really the easiest place to get all three (plus earth) is from the light itself - not the switch - as shown in the Vent Axia diagram in post #13.