(1) The board may charge reasonable fees for the following:
(a) Initial application fee for licensing;
(b) Written and practical examination not including the cost of the nationally recognized examination;
(c) Biennial licensing renewal for acupuncture practitioners;
(d) Late renewal more than thirty (30) days, but not later than one (1) year, after expiration of a license, which late fee is in addition to any other fees;
(e) Reciprocal licensing fee;
(f) Annual continuing education provider registration fee; and
(g) Any and all fees to cover reasonable and necessary administrative expenses as established by the Council of Advisors in Acupuncture.
(2) All fees shall be set forth in regulations duly adopted by the board.
(3) All fees and other funds collected under this chapter shall be deposited into the special fund of the State Board of Medical Licensure.