(a)
(1) There shall be paid to the Chair of the Arkansas Psychology Board by each applicant for a permanent license an application fee of two hundred dollars ($200).
(2) An additional fee to be determined by the Arkansas Psychology Board, but in no event to exceed the sum of one hundred dollars ($100), shall be paid as deemed necessary to defray the cost of acquiring and administering the examination test and related expenses in connection therewith.
(b) An additional sum of two hundred dollars ($200) shall be paid when the initial license is issued.
(c) Each licensee shall pay the board an annual fee in an amount as may be determined by the board, but not to exceed three hundred dollars ($300) for renewal of a license.
(d) No part of any fee shall be returnable under any circumstances other than failure of the board to hold examinations at the time originally announced, whereupon the entire fee may be returned at the option of the candidate.