86. (1) An employer shall maintain, in accordance with the regulations, a record of each accident or dangerous occurrence in respect of which the employer is required by section 85 to notify the Registrar.
(2) A person who, without reasonable excuse, contravenes subsection (1) is guilty of an offence punishable, on conviction, by—
(a) if the offender is a natural person—a fine not exceeding $1,000; or
(b) if the offender is a body corporate—a fine not exceeding $5,000.
(3) Without limiting the generality of regulations that may be made for the purposes of subsection (1), such regulations may include provisions relating to—
(a) the nature and contents of a record required to be maintained under this section; and
(b) the retention of such a record.