Subject to the hearing provisions of this subtitle, the Department may reprimand any licensee, or suspend or revoke any license, if the licensee:

(1) Fraudulently or deceptively obtains or attempts to obtain a license;

(2) Fails at any time to meet:

(i) The qualifications for a license; or

(ii) Any rule or regulation that the Department adopts under this subtitle; or

(3) Fails to meet any applicable federal or State standard for removal or encapsulation of asbestos.