811—11.2 (169) Exemptions for inactive practitioners. A licensee who is not engaged in practice in the state of Iowa residing within or without the state of Iowa may be granted a waiver of compliance and obtain a certificate of exemption upon paying the annual license renewal fees. The licensee shall make written application to the board containing a statement that the applicant will not engage in the practice of veterinary medicine in Iowa without first complying with all the regulations governing reinstatement after exemption. The application for a certificate of exemption shall be submitted upon the form provided by the board.