The Board shall reinstate the license of an assisted living manager who has failed to renew a license for any reason, if the licensee: Has not had the license suspended or revoked; Meets the renewal requirements of § 9–3A–08 of this subtitle; Pays to the Board the reinstatement fee set by the Board; Submits to the Board satisfactory evidence of compliance with the qualifications and requirements established under this subtitle for license reinstatements; and Applies to the Board for reinstatement of the license within 5 years after the license expires. The Board may not reinstate the license of an assisted living manager who fails to apply for reinstatement of the license within 5 years after the license expires, unless the assisted living manager becomes licensed by meeting the requirements for obtaining a new license under this subtitle in effect at the time the licensee seeks to reinstate the license.