(a) The requirements of § 17-95-307 may be waived by the Arkansas State Medical Board upon the request of:
(1) An affected applicant for licensure; or
(2) The person holding the license subject to revocation.
(b) The board may consider the following circumstances when considering a waiver, including, but not limited to:
(1) The age at which the crime was committed;
(2) The circumstances surrounding the crime;
(3) The length of time since the crime;
(4) Subsequent work history;
(5) Employment references;
(6) Character references; and
(7) Other evidence demonstrating that the applicant does not pose a threat to the health or safety to the public.