The Principal Act is hereby amended by the insertion after section 215 of the following section:
"215A. Records to be maintained.
(1) For the purposes of this Act, the Minister may by regulations require -
(a) an employer or any other person to maintain such records as may be prescribed of any person in his employment and of any person engaged by him under a contract for service to perform a service, or
(b) a person engaged under a contract for service to perform a service to maintain such records as may be prescribed of any person engaged to perform that service either with him or on his behalf whether under a contract for service or under any other arrangements made or to be made by him.
(2) Records required to be maintained under subsection (1) shall be held at such place and for such period as may be prescribed.
(3) A person who fails to comply with this section shall be guilty of an offence.".