as far as i know things like this dont have to comply to the latest rules, just the ones in place at the time of construction, this is not a sweeping statement as there will always be the odd exception.
as for the suggestions above, i would get new springs, bushes, and hangers, you might be ok with the hangers but as their approaching 30 years old i would consider changing them.
Be careful with additions to the setup, as it will simply apply pressure to areas that werent expecting it because the springs are wornout
Raising the suspension by lengthing the hangers is a particularily bad idea, this will simply increase the side loading on the mountings and hangers. if you wanted to go this way, i would lower the mounting point by the addition of some extra chasis sections .... but compared to replacement springs, it would hardly be worth it
Back axle ...

dont know, i'll bow to others knowledge on this one
