The Board shall adopt regulations establishing the criteria for the imposition of each sanction prescribed by NRS 449B.410. These regulations must:
1. Prescribe the circumstances and manner in which each sanction applies;
2. Minimize the time between identification of a violation and the imposition of a sanction;
3. Provide for the imposition of incrementally more severe sanctions for repeated or uncorrected violations;
4. Provide for less severe sanctions for lesser violations of applicable state statutes, conditions, standards or regulations; and
5. Establish an administrative penalty to be imposed if a violation of NRS 449B.010 to 449B.495, inclusive, causes harm or the risk of harm to more than one person.