(a) Within 60 days after receipt of the application for approval of a 25-hour course, the Department of State shall inform the school whether the course has been approved or denied, or whether additional information is needed.

(b) The Department of State may deny, suspend or revoke the approval of a bail enforcement course or instructor if it is determined that either is not in compliance with article 7 of the General Business Law or the rules promulgated thereunder, or if it is determined that either has not adequately presented the course material set forth in section 171.3 of this Part.