(1) The Registrar may, subject to regulations made under this Act, correct any error of translation or transcription, clerical error or mistake in any application or document filed with the Registrar or in any matter recorded under this Act or the regulations.
(2) If the Registrar is satisfied that the circumstances justify it, although the time has expired, he or she may, upon receiving a written request, extend the time for doing any act or taking any proceeding under this Act and the regulations, upon notice to parties concerned and upon such terms as he or she may direct.