Licenses issued under this chapter shall be subject to renewal every 2 years and shall lapse unless renewed or reinstated in accordance with rules adopted by the executive director under N.H. Rev. Stat. § 314:8, IV, and upon payment of any fees required under N.H. Rev. Stat. § 314:10. Applicants for renewal shall also be required to complete 10 hours of continuing education related to the practice of electrology during the prior 2 years; provided that 5 hours of such continuing education shall be in didactic, live courses.