A license which has expired may be renewed within three (3) years following the date of expiration. The licensee shall apply for renewal on a form provided by the Board accompanied by the renewal fee which was in effect on the last preceding regular renewal date. If the licensee requests an active license, he or she shall furnish proof of completion of the continuing education requirements as prescribed by Section 3140. If the license is renewed after its expiration, the licensee, as a condition precedent to renewal, shall also pay the delinquency fee prescribed by Section 3940 of the Code. Renewal under this section shall be effective on the date on which the application is filed or on the date on which applicable fees are paid, whichever occurs later. A renewed license shall continue in effect until midnight on the last day of the birthmonth of the licensee in the next odd numbered year if the licensee was born in an odd-numbered year; or the next even numbered year if the licensee was born in an even-numbered year, when it shall expire if it is not again renewed.