The board shall
(1) establish objective examination requirements for persons who apply for a license to practice psychology in the state;
(2) examine, or cause to be examined, eligible license applicants;
(3) approve the issuance of licenses to qualified applicants;
(4) adopt regulations establishing standards for the practice of psychology;
(5) impose disciplinary sanctions as authorized by this chapter;
(6) adopt regulations requiring proof of continued competency for license renewal;
(7) review, when requested by the department, the quality and availability of psychological services in the state;
(8) compile information for submission to the department on the practice of psychology by psychologists and psychological associates in the state.