(a) General rule.--An interim limited license empowers the licensee to provide medical service other than at the training location of the licensee's approved graduate training program for a period of up to 12 consecutive months.

(b) Requirements.--No interim limited license may be issued unless the applicant is a graduate of an accredited medical college and holds a valid graduate license, has successfully completed one full year of approved graduate training, has received the written approval of the director of the graduate training program and is in compliance with applicable regulations of the board.

(c) Extensions.--The board, upon application when such action is warranted, may extend the validity of an interim limited license for a period of up to 12 additional consecutive months, but in no event shall the extension be for a greater period of time.