(a) During any period of authorization by the executive director to operate as a private career school pursuant to sections 10a-22a to 10a-22o, inclusive, and sections 10a-22u to 10a-22w, inclusive, such private career school may request revision of the conditions of its authorization. Such school shall make such request to the executive director, in the manner and on such forms prescribed by the executive director sixty days prior to the proposed implementation date of any intended revision. Such revision shall include, but not be limited to, changes in (1) courses or programs; (2) ownership of the school; (3) name of the school; (4) location of the school’s main campus; or (5) location of any of the school’s additional classroom sites or branch campuses. A private career school requesting revision of the conditions of its authorization based on a change in ownership of the school shall submit an application and letter of credit pursuant to sections 10a-22b and 10a-22c, accompanied by a nonrefundable change of ownership fee made payable to the private career school student protection account under § 10a-22u in the amount of two thousand dollars for the private career school and two hundred dollars for each branch of a private career school in this state, except that, any ownership fee paid on and after the effective date of the regulations adopted pursuant to § 10a-22k, shall be in the amount specified in such regulations.

(b) The executive director, or the executive director’s designee, may, not later than thirty days after receipt of a request to revise the conditions of authorization, issue an order prohibiting any such change if it would constitute a material or substantial deviation from the conditions of authorization.

(c) If the executive director, or the executive director’s designee, fails to take action upon a request for revision by the thirtieth day following the proposed implementation date of the intended revision, such request shall be deemed approved, and the private career school’s certificate of authorization shall be so revised for the same period as its current authorization.