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(1) Where the Board is satisfied that

(a) the location and operations of an institution are detrimental to the physical or moral welfare of the students who attend it,

(b) the institution is operating below the minimum standard acceptable to the Board, or

(c) the continued existence of the institution is against the public interest, the Board shall formally notify the institution to rectify the deficiencies within a period not exceeding six months.

(2) If at the end of the period the rectification has not been effected, the Board shall inform the Minister who shall notify the proprietor to close the institution within a specified time.

(3) Where the proprietor fails to close down the institution as provided for in subsection (2), the Board shall close down the institution.