Power to issue a notice, warning or reprimand
15.—(1) ITMA may issue a notice, warning or reprimand in respect of any breach of the terms of a licensed body’s licence and cause this to be noted against any record (public or private) of that licence.
(2) ITMA may, if it considers it appropriate to do so in any particular case, communicate to the public that it has issued a notice, warning or reprimand to a licensed body under paragraph (1).
(3) For the purpose of giving effect to paragraph (1), ITMA must make licensing rules which specify—
(a)the breaches of the terms of a licensed body’s licence in respect of which ITMA may issue a notice, warning or reprimand under paragraph (1);
(b)the criteria and procedure to be applied by ITMA in determining whether to issue any such notice, warning or reprimand;
(c)the form that any such notice, warning or reprimand may take and the procedure by which it may be issued; and
(d)the criteria and procedure to be applied by ITMA in determining whether it is appropriate to communicate any such notice, warning or reprimand to the public.