(2) Any party to the contract may, within the period specified by regulations made under section 19, apply in accordance with section 12 to the Registrar to appoint an assessor to make a determination of the following:
- (a) whether the case is one to which section 5 applies;
- (b) in a case mentioned in section 7, whether it is just and equitable in the circumstances of the case for the deposit or any part of the deposit to be forfeited.
Division 4—Assessor's determination
Registrar of assessors
10.(1) For the purposes of appointing assessors under section 11 to determine applications, the Minister is to appoint a Registrar of assessors.
(2) The Minister may in addition appoint Deputy Registrars of assessors.
(3) Subject to regulations made under section 19, all the powers and duties conferred and imposed on the Registrar may be exercised by a Deputy Registrar.
Panel of assessors
11. For the purposes of section 12(3), the Minister must appoint a panel of assessors comprising such number of persons who satisfy the requirements prescribed for the purposes of this section.
Application for assessor's determination
12.—(1) An application for an assessor's determination must be made in the form and manner prescribed by regulations made under section 19 and must be accompanied by the prescribed fee.
(2) A copy of the application must be served within the period specified in the regulations made under section 19 on —
- (a) the other party or parties to the contract;
- (b) any guarantor or surety the obligation in the contract that is the subject of the application; and
