(1) Subject to subsections (6) and (7), if the employment of a foreign national pursuant to an employment permit is terminated by the employer or the holder of the permit or otherwise, for whatever reason, ceases, the -

(a) holder of the permit, and

(b) employer specified in the permit,

shall, within a prescribed period from the date of such termination or cessation, notify the Minister in writing of the date of termination or cessation of the employment concerned.

(2) In the case of an intra-company transfer employment permit, if -

(a) the employment of the foreign national is terminated by the foreign employer or the holder of the permit, or

(b) the foreign national ceases, for whatever reason, to carry out duties for, or participate in a training programme provided by, the connected person,

the -

(i) holder of the permit, and