SECTION 1. Notwithstanding section 54 of chapter 140 of the General Laws or any other general or special law to the contrary, the license commission of the city of Revere shall not issue more than 3 second hand dealer licenses pursuant to said section 54 of said chapter 140. A license previously granted by the license commission of the city of Revere pursuant to said section 54 of said chapter 140 shall remain in effect at the licensee’s location; provided, that the licensee complies with all the rules and regulations of the license commission. The license commission shall not approve the transfer of a valid secondhand dealer license from its existing location to any other location within the city of Revere on or after the effective date of this act.
SECTION 2. Notwithstanding section 70 of said chapter 140 of the General Laws or any other general or special law to the contrary, the license commission of the city of Revere shall not issue more than 3 pawnbroker licenses pursuant to said section 70 of said chapter 140. A license previously granted by the license commission of the city of Revere pursuant to said section 70 of said chapter 140 shall remain in effect at the licensee’s location; provided, that the licensee complies with all the rules and regulations of the license commission. The license commission shall not approve the transfer of a valid pawnbroker license from its existing location to any other location within the city of Revere on or after the effective date of this act.
SECTION 3. This act shall take effect upon its passage.
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