(1) If a person fails to comply with or contravenes any duties under this Code or the regulations, rules, bye-laws or orders made there under and such non-compliance or contravention has resulted in an accident or dangerous occurrences causing---
(a) death, he shall be punishable with imprisonment for a term which may extend to two years, or with a fine which shall not be less than five lakh rupees, or with both; or
(b) serious bodily injury to any person within the establishment, he shall be punishable with imprisonment for a term which may extend to one year, or with a fine which shall not be less than two lakh rupees but not exceeding four lakh rupees, or with both:
Provided that while imposing the fine under this section, the court may direct that a portion of the fine, which shall not be less than fifty per cent. thereof, shall be given as compensation to the victim or to the legal heirs of the victim, in the case of his death.
(2) Where a person having been convicted under sub-section (1) is again convicted there under, shall be punishable with double the punishment provided under that sub-section for first conviction.