This is an electronic fuse that protects the load against short circuit. Relays must be chosen with a voltage value equals to the input voltage. Don’t omit using the 100uF capacitor with appropriate voltage value with respect to the input voltage. If you can’t provide, you can use C106 instead of BRX46.
You can adjust the current with using 10K potentiometer. If you will use the fuse with very high currents, lower the 0R6 5W resistor value (ex. 0R47, 0R33, 0R22 or 0R1). Watt value of the resistor should be increased also.