(1) Instructors, discussion leaders, and speakers may claim continuing education credit for both preparation and presentation time. Credit may be claimed for actual preparation time up to two times the class contact hours for the first time the class is presented. Credit as an instructor, discussion leader, or speaker may be claimed provided that the session is one which would meet the continuing education requirements of those attending. The maximum credit for such preparation and teaching shall not exceed 50 percent of the full basic period requirement.

(2) Continuing education credit may be claimed for serving as a report reviewer under the board's positive enforcement program established in ARM 8.54.701 and following, or under other structured report review programs approved by the board. One hour of credit shall be granted for every two hours spent reviewing reports. The maximum credit for such reviews shall be no more than eight hours in any given fiscal year reporting period. Such credits shall qualify towards the requirement related to reporting on financial statements in ARM 24.201.2106(2) .