97Registrar may invite claims

97 Registrar may invite claims (1) The Registrar may cause to be published in the Gazette and a newspaper or newspapers nominated by the Minister a notice inviting persons entitled to apply for compensation under this Part in respect of losses arising out of a defalcation or misappropriation committed by an agent, a person in the employ of an agent, a partner of an agent, a person by whom an agent firm is constituted or a director of an agent company named in the notice to make an application within the period specified in the notice. (2) Subject to subsection (3), the period to be specified in a notice published under this section shall be not less than 3 months commencing on the date of publication of the notice in the Gazette, newspaper or newspapers, whichever is the latest. (3) An action for damage does not lie against the Registrar in respect of the publication in good faith of a notice under this section.