(2)     A project owner shall, within 3 months after the completion of work or the abandonment of work that has not been completed—

        (a)     notify the Board in writing of the completion or the abandonment, as the case requires; and

        (b)     give to the Board such documents and information as the Board reasonably requires in order to assess the training levy payable in respect of the work.

(3)     A project owner who, without reasonable excuse, fails to comply with subsection (2) is guilty of an offence punishable, on conviction, by—

        (a)     if the offender is a natural person—50 penalty units;

        (b)     if the offender is a body corporate—250 penalty units.

(4)     The Board shall, as soon as practicable after compliance with subsection (2) by a project owner, issue to him or her a written assessment of the training levy in respect of the relevant work.