(1)This section applies where the Chief Inspector publishes a report of an inspection conducted under section 124 or 125 or section 126(1).
(2)The provider of the education or training which is the subject of the report must prepare a written statement of—
(a)the action which he proposes to take in the light of the report, and
(b)the period within which he proposes to take that action.
(3)That person must—
(a)publish the statement within such period, and in such manner, as may be prescribed by regulations made by the Secretary of State; and
(b)send copies of it to such persons as may be so prescribed.
(4)The requirements of subsection (2) may be waived by the Chief Inspector.