The callout on OP's drawing is not that illegal as it seemingly looks to be. I am not saying it is the proper way to go (because in my opinion it will not grab the function of dynamic balance well), but technically I do not think it should fall under "not allowed" cathegory. It is weird and overcomplicated but there is a logic behind it.
That being said, I have to somehow disagree with Dave's statement that: "Concentricity is applied on a cylindrical feature relative to another cylindrical feature that is coaxial". This is how it is presented by some pictures in the standard and this is the most common situation (if we can even say "common" when talking about concenctricty applications), but the concentricity definition stated in 7.6.4 of '09 edition does not mention a single word about two cylindrical features that must be involved.
What I am trying to say is that datum axis is derived from unrelated actual mating envelope of the cylinder, but the median points for concentricity check are derived from actual surface of the cylinder, meaning that this is not exactly self-referencing.
So if the cylinder's actual geometry is similar to shown in fig. 5-1 b) or c), the concentricity tolerance of the cylinder's surface wrt to its axis derived from UAME may be met. Unfortunately in the same time each cross-section of such cylinder can look like bigger diameter of fig. 7-62. So the concentricity will still be met, but the function of dynamic balance will not.
Therefore in my opinion, assuming this cylinder is the one-and-only feature of the part, the only geometrical control that left in order to assure the function is tight cylindricity tolerance as a refinement of size tolerance if needed.