The board shall adopt rules for the implementation of continuing education requirements to assure that permit renewal applicants have current knowledge of appraisal theories, practices, and techniques that provide a high degree of service and protection to the public. The rules must establish:

1.    Policies and procedures for obtaining board approval of courses of instruction.

2.    Standards, policies, and procedures to be applied by the board in evaluating an applicant’s claims of equivalency.

3.    Standards, monitoring methods, and systems for recording attendance by course sponsors.