(a) A license shall be valid for one year from the date of issuance and shall become invalid after that date unless renewed. The Secretary of the Board shall notify every person licensed under this chapter of the date of the expiration of his license and the amount of the fee required for its renewal. Such notice shall be mailed to the licensee at his last known address at least one month in advance of the date of the expiration of said license. Renewal may be effected at any time prior to the date of expiration by application for renewal and by the payment of a fee of one hundred dollars ($100.00) for architects and engineers and forty dollars ($40.00) for land surveyors.
(b) A license issued under the provisions of this chapter shall be automatically invalidated in the event the licensee terminates his Virgin Islands residency. Such license may be reinstated upon presentation to the Board of an affidavit of the previous license holder, sworn to by him before a person authorized to administer oaths, that he has resumed residency in the Virgin Islands. The reinstatement fee for such license shall be the same as for the renewal thereof as provided in this chapter.