To answer the original question, if the intent of the position callout at RFS is to control location of two center planes derived from two pairs of opposed walls of a square feature within a cylindrical tolerance zone, then that kind of callout generally does not make sense.
The only case I can think of where it could theoretically hold water is when size of the position tolerance zone would be equal to or greater than the LMC size of the square hole. Only then it would be possible to fit two center planes (of finite length and height) within a cylinder.
With that said, if a cylindrical position tolerance zone is trully functional requirement, the thing/object that could be controlled is a line derived from an intersection of two center planes. Of course to do that, some kind of additional note would have to be designed to clarify what kind of thing the positional callout is intented to control and how that thing must be constructed.
And even if that is done properly, the open point will still be a mutual orientation of the two center planes, because the positional callout itself would not be able to prevent the square from being manufactured as parallelogram, for example.