In collaboration with the board, the division may adopt rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, that exempt an applicant from meeting all or a portion of the experience requirements of Section 58-92-307 for licensure if the applicant:
(1) holds a criminal justice bachelor's degree from an accredited college or university;
(2) is certified to have successfully completed the state Peace Officers Standards and Training basic training course provided under Section 53-6-202; or
(3) provides adequate proof of having successfully completed a training or experience substantially similar to the training and experience required under this chapter.