“and when the Ard Chomhairle is satisfied that the policing and justice powers will be transferred.”

Sinn Féin have published the text of the motion to be put to the Ard Fheis on January 28th, and the conditions under which the Ard Chomhairle will be authorised to implement it... leaving a question for the Secretary of State to answer..From the Sinn Féin text

The Ard Chomhairle recommends:

That this Ard Fheis endorses the Ard Chomhairle motion. That the Ard Chomhairle is mandated to implement this motion only when the power-sharing institutions are established and when the Ard Chomhairle is satisfied that the policing and justice powers will be transferred. Or if this does not happen within the St Andrews timeframe, only when acceptable new partnership arrangements to implement the Good Friday Agreement are in place. [added emphasis]

That would seem to answer one question..

and it would indicate that SF intend to campaign for an election whilst futuring..

The question now is can the election go ahead on that basis?

Adds Does, for example, what is being suggested fit with Taoiseach Bertie Ahern’s previous description – “[Sinn Féin] now know that the path to shared government in Northern Ireland passes through a Sinn Fein Ard Fheis at which the policing issue is definitively and successfully addressed.”