yes and no
you can hack it to higher voltage, but half of the current, but no adjustable current
to have adjustable current its another matter / design etc ... it will add more complexity and costs
you have to remove the xformer center tap, and change where the main ground supply is / will be
lucky you the psu has a floating section for the lm723
but the voltage divider potentiometer need to be recalculated and a few things too, you need to get the lm723 datasheet for floating operation and values calculations
in red circle you have to check theses
but if you have no experiences you may or will fail, switch and other parts need to have calculations, and you can not switch when the psu is powered on
i hacked an ps51k to higher voltage / half current with no problem, they are all based on the same design / topology
to add digital meters i added another small psu for them since for the amps you need isolated supply too, but im on the positive rail, not by the ground as many small meter does
and the thermal switch was the 1st thing to go out loll
theses a crude / basic psu's the lm723 can make a good job if you know what you're doing, if not it will get unstable at some point
oh tweaking the xformer will get you around 25vac once filtered will be around 40vdc, you will not be able to get more, maybe around 35vdc out of the psu
forget your 50v requirement, and surely the current limitation as it is
better switch to an already made psu, voltage and current limitted, took me 3 pcb iterations to get a good morking psu, from 10ma to 20 amps, a real zero volts to 30 vdc, lm723 can't go down to zero by its design, you have to use tricks
but now it is abandonned, and i got real psus like lambda kepco kikusui for serious stuff