| 5. Renewal. An applicant for renewal of a permit under this |
section shall show that requirements of continuing professional |
education consisting of not less than 12 20 hours in each one- |
year period and not less than 72 120 hours in any 3-year period |
have been fulfilled. The board shall establish by rule the |
number of hours of continuing professional education required in |
each one-year period and 3-year period and shall not require more |
than 120 hours in each 3-year period. That education shall must |
consist of the general kinds and in such subjects as shall have |
been that are specified by the board by rule. The board may |
provide by rule that fulfillment of continuing professional |
education requirements of other states will be accepted in lieu |
of the foregoing requirements of this subsection. The board may |
also provide by rule for prorated continuing professional |
education requirements to be met by applicants whose initial |
permits were issued less than one year prior to the renewal date. |
The board may prescribe by rule special lesser continuing |
education requirements to be met by applicants for permit renewal |
whose prior permits lapsed prior to their applications for |
renewal. The board, in its discretion, may renew a permit to |
practice despite failure to furnish evidence of satisfaction of |
requirements of continuing professional education only upon |
condition that the applicant follow a particular program or |
schedule of continuing professional education. In issuing rules |
and individual orders in respect of requirements of continuing |
professional education, the board in its discretion may use and |
rely, among other things, upon guidelines and pronouncements of |
recognized educational and professional organizations; may |
prescribe for content, duration and organization of courses; may |
take into account any impediments to interstate practice of |
public accountancy which that may result from differences in |
those requirements in other states; and may provide for |
relaxation or suspension of those requirements in regard to |