11. In deciding a candidate’s application for equivalence, the board of directors may, at its first meeting following receipt of a recommendation,(1) recognize the candidate’s diploma or training equivalence;
(2) recognize the candidate’s training equivalence in part and inform the candidate that to obtain equivalence, one or more of the following conditions must be met;(a) passing of an examination set by the board of directors;
(b) successful completion of a program of studies determined by the board of directors;
(c) successful completion of training sessions;
(3) refuse to recognize the candidate’s diploma or training equivalence.