SECTION 1. (a) Notwithstanding sections 17 and 17B of chapter 138 of the General Laws, the licensing authority of the Town of Salisbury may convert one currently-issued seasonal license for the sale of all alcoholic beverages to be drunk on the premises located at 4 Ocean Front North to an annual license for the sale of all alcoholic beverages to be drunk on the premises located at 4 Ocean Front North.  An annual license granted under this act shall be subject to all of said chapter 138, except said sections 17 and 17B.

     (b) The licensing authority in the Town of Salisbury shall not approve the transfer of the license to any other person, organization, corporation or location but it may be re-issued to a new applicant at the same location if an applicant for the license files with the licensing authority a letter from the Department of Revenue indicating that the license is in good standing with the Department and that all applicable taxes have been paid.

     (c) If the license granted under this section is cancelled, revoked or no longer in use, it shall be returned physically with all of the legal rights, privileges and restrictions pertaining thereto, to the Salisbury licensing authority, which may then grant the license to a new applicant at the same location under the same conditions as specified in this act.

          SECTION 2.  This act shall take effect upon its passage.