In the event the Liquefied Petroleum Gas Board should find violations of the liquefied petroleum gas laws, or the rules which do not merit revocation or suspension, the board may in its discretion place such permit holder or holder of a certificate of competency upon probation for a period not to exceed one (1) year, during which time the board or its representative shall investigate in order to ascertain whether or not the violation complained of has been:

1. (1) Corrected or terminated; and
2. (2) Not repeated.