18 Applications made out of time Section 213 (4) of the Act is expressed in the following terms:
The Commission may accept an application that is made out of time if the Commission considers there is sufficient reason to do so, having regard in particular to:
(a) the reason for, and the length of ,the delay in making the application, and
(b) any hardship that may be caused to the applicant or other party if the application is or is not rejected, and
( c) the conduct in relation to which the order is sought.
19 In deciding whether to exercise its discretion to allow an out of time application, the Commission must be satisfied that a "sufficient reason" has been made out. Consistent with each case being decided on its own facts and circumstances, the term sufficient reason is not defined in the Act.
20 When one compares section 85(3) and section 213(4) of the Act it is readily apparent that they are almost identical in terms. That being so, I am of the view that consideration of section 213(4) may be had by reference to the authorities on the general powers of courts to accept out of time applications.
21 An authoritative judgment on the principles in respect to the setting of time limits and the Commission's discretion to waive time limits is found in Brisbane South Regional Health Authority v Taylor, 186 CLR 541 where McHugh J said at p551:
The discretion to extend time must be exercised in the context of the rationales for the existence of limitation periods. For nearly 400 years the policy of the law has been to fix definite time limits (usually six but often three years) for prosecuting civil claims. The enactment of time limitations has been driven by the general perception that "[w]here there is delay the whole quality of justice deteriorates"…
and at p552:
The effect of delay on the quality of justice is no doubt one of the most important influences motivating a legislature to enact limitation periods for commencing actions. But it is not the only one. Courts and commentators have perceived four broad rationales for the enactment of limitation periods. First, as time goes by, relevant evidence is likely to be lost (26). Second, it is oppressive, even "cruel", to a defendant to allow an action to be bought long after the circumstances, which gave rise to it, have passed (27). Third, people should be able to arrange their affairs and utilise their resources on the basis that claims can no longer be made against them (28). Insurers, public institutions and businesses, particularly limited liability companies, have a significant interest in knowing that they have no liabilities beyond a definite period (29), as the New South Wales Law Reform Commission has pointed out (30)…