(1) The parent, guardian or relative of an apprentice shall enter into an apprenticeship agreement with the craftsman.

(2) The agreement shall be in accordance with the custom which pertains to the specific trade but shall not include the performance of any induction ceremony which may conflict with the rights of the child contained in Sub-Part 1 of Part I of this Act.

(3) The agreement shall contain such matters as may be agreed between the parties and may include:

(a) provision that the parent, guardian or relative shall bear the cost of protective clothing and the basic tools for the training of the apprentice;

(b) a duty that the craftsman is to provide shelter for the apprentice; and

(c) a provision that the craftsman is to give the apprentice an allowance of not less than half the minimum national daily wage for his daily sustenance.

(4) The agreement shall be in writing and shall contain provisions in the best interest of the parties and the apprentice.

(5) Should either party to the agreement contravene its terms, the agreement shall immediately lapse unless there is a contrary intention in the agreement.