(a) The Board shall reinstate the license of a pharmacist whose license has been expired for less than 2 years, if the pharmacist:

(1) Meets the renewal and reinstatement requirements set by rule and regulation of the Board; and

(2) Pays to the Board the reinstatement fee set by the Board.

(b) The Board shall reinstate the license of a pharmacist whose license has been expired for 2 years or more if the pharmacist:

(1) Meets the reinstatement requirements established by the Board in its rules or regulations; and

(2) Satisfies the requirements of subsection (a) of this section.