Subject to the provisions of this section, the Board may waive any examination requirement of this subtitle for an applicant who is licensed in any other state to practice: Occupational therapy; or Limited occupational therapy or its equivalent. The Board may grant a waiver under this section only if the applicant: Pays the application fee set by the Board under § 10-304 of this subtitle; and Provides adequate evidence that the applicant: Meets the qualifications otherwise required by this title; and Became licensed in the other state after meeting requirements in that or any other state that are at least equivalent to the requirements of this State.