I am not a mechanical engineer but having worked in industry where using bolts that are mis-aligned, you are not going to get the strength from this arrangement. Tightening the bolts to the recommended torque will in fact bend the bolt and the pre welded nut to such an extent that premature failure will result. I have seen bolts that after pre-stressing, a crack appears in the thread and corrosion takes over in a very short time, leading to failure.
Solution 1 Will slotting the holes in the bull bar give enough clearance. Then use oversized washers between the bull bar and bolt to spread the load.
Solution 2 I have seen tapered washers for this type of application so keeping the bolt at right angles to the nut and the torque is taken by the whole surface of the bolt head, instead of the edge of the bolt.
You will need a pair of these washers (at the correct angle) for each bolt.
1 each side of the bull bar. These washers are used when clamping items to RSJ's as the edges are tapered.
Am I being too cautious....:nenau Just look at the bolt head, ready to shear off..
Worth thinking about. Just found these hemisperical washers.
http://www.firstfixdirect.com/scp/Washers/Hemispherical_washer_and_cup.html not sure if they would do the job though...
Rustic