The Board shall adopt regulations for the reinstatement of the registration of an individual who has failed to renew a registration for any reason if the individual:
(1) otherwise is entitled to be registered;
(2) complies with the continuing education requirement that the Board sets for this purpose; and
(3) pays to the Board:
(i) all past due renewal fees; and
(ii) a reinstatement fee, as set by the Board.
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