(1) Subsection (2) applies where the IAA is of the opinion (in this section referred to as the 'relevant opinion') that the IANS -

(a) has failed to comply or fully comply with a relevant provision,

(b) is failing to comply or fully comply with a relevant provision, or

(c) has failed to comply or fully comply with a relevant provision in circumstances that make it likely that the failure will continue or be repeated.

(2) The IAA may give the IANS a notice in writing -

(a) stating the relevant opinion,

(b) specifying the relevant provision as to which the IAA is of that opinion and the reasons why it is of that opinion,

(c) directing the IANS to take such steps as are specified in the notice to remedy the failure concerned or, as the case may be, the matters occasioning it, and

(d) specifying a period (ending not earlier than the period specified in section 74C within which an application under that section against any directions specified in the notice may be made) within which those steps must be taken.