The Secretary shall establish, by rule or regulation, qualifications for licensing and certification in each category established by § 5–207 of this subtitle to assure competence and responsibility in the application of pesticides. The Secretary may issue licenses, permits, and certificates only to an applicant who meets the requirements established by the Department. The Secretary may establish the conditions under which licenses, permits, and certificates may be revoked, suspended, reinstated, or renewed. The Secretary may establish minimum requirements for financial responsibility for all damages which may be incurred in the commercial application of pesticides.