A program sponsor shall keep, in a manner and form as required by the Council, adequate records of all phases of the operation of the apprenticeship program, including, but not limited to: Job assignments; Promotion; Demotion; Layoff or termination; Rates of pay or other forms of compensation or conditions of work; and Any other records pertinent to a determination of compliance with Labor and Employment Article, Title 11, Subtitle 4, Annotated Code of Maryland. In addition to information provided during regular field inspections, each program sponsor and each apprentice shall promptly submit reports to the Director as the Council in its discretion may require. Reports shall be made on forms prescribed by the Council.