Whilst it can be considered clean, a) it needs to be sent to avast for analysis and correction of the VPS and b) I honestly don't see the value in restoring it since it is part of an old version of JAVA which you should really uninstall using add remove programs (unless it is absolutely essential as mentioned in my first reply).
One other thing although this is the Java Update Scheduler, I have never seen this function work in all the time I have used JAVA and actively stop things like this connecting (even if it worked), so I retain control.
There would be zero effect if you didn't restore this file based on what I said above it doesn't work and you should be uninstalling out of date versions first before installing the latest version. So that file would be history anyway after the uninstall.
Ensure you have the latest version of JRE (JAVA Runtime Environment) because older versions can be vulnerable to malware. First remove All Older Versions From Add/Remove Programs.
Then get the latest update from here
http://java.sun.com/javase/downloads/index.jspOr JRE version 6 update 6
http://www.majorgeeks.com/Sun_Java_Runtime_Environment_d4648.html