The Commission shall reinstate the license of an individual who has failed to renew a license for any reason if the individual: applies to the Commission for reinstatement within 5 years after the license expires; meets the renewal requirements under § 16–3A–07 of this subtitle; and in addition to the renewal fee required under § 16–3A–07 of this subtitle, pays to the Commission a reinstatement fee set by the Commission. The Commission may not reinstate the license of an individual who for any reason fails to apply for reinstatement within 5 years after the license has expired.