That's a classic linear voltage regulator circuit, the zener diode sets the output voltage of the regulator and the transistor passes the current.
Agree. The regulated outputs are the emitters of the pass transistors, which is about 0.6V lower than the Zener breakdown voltage.
It must be a reasonable low current power supply, as there is multiple R-C decoupling / filtering with fairly high value resistors, to multiple outputs (pins 4, 6, 7, 8, 9).
There is even a Zener diode on its own (ZD0003) to provide some extra regulation. I assume that the hand-written '27' is not the voltage at this point, I would expect it to be around 11 Volts.
I hope ping 3 goes off to a high value electro cap, probably about 1000uF 50V in a chassis mounted can.