(a) Except as provided in subsection (b) of this section and in § 5-905 of this subtitle, the Administration:
(1) Shall issue any air school license that it requires, if the air school is in compliance with the rules and regulations of the Administration; and
(2) May charge an annual license fee of not more than $25.
(b) On application and, except for the considerations expressly listed in § 5-905(b) of this subtitle, without further requirement, the Administration shall issue any license required by it, at an annual fee of $1, to each air school that has been issued an appropriate federally approved air school certificate or rating.