Any acupuncturist who fails to renew such acupuncturist’s license on or before the date of its expiration may restore such license as follows:

(1) If the application for renewal is submitted to the committee not more than two years after the expiration of the applicant’s last license, by payment of the appropriate fee and by providing all documentation required by the committee by rule; or

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(2) If the application for renewal is submitted to the committee more than two years after the expiration of the applicant’s last license, by payment of the appropriate fee, and by reapplying as provided in subdivisions (1) and (2) of subsection 2 of section 324.487.