Certificates of registration as a geologist or as a geophysicist or certified specialty certificates which are not renewed within five years after expiration may not be renewed, restored, reinstated, or reissued thereafter. The holder of such certificate may apply for and obtain a new certificate, however, if:
(a)
He has not committed any acts or crimes constituting grounds for denial of licensure under Section 480.
(b)
He takes and passes the examination, if any, which would be required of him if he were then applying for the certificate for the first time.
The board may, by regulation, provide for the waiver or refund of all or any part of the application fee in those cases in which a certificate is issued without an examination pursuant to the provisions of this section.