What's this clip for?

Judging by its appearance, I'd say its function is collecting dirt.

Is it an original feature or something a PO has put there?

I'd guess it's a clip for an electric cable so as to keep it from being chewed by the chain. As for what cable I don't have a clue. Neutral light possibly? Or maybe a brake light switch?
 
With no definite answer the mystery continues. Roll up roll up and play “what’s that clip for” 🙂
 
Well, I didn't make my answer definitive above, but I'll now say (almost) unequivocally that the clip was for the battery breather hose. You can ditch it.
 
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