SECTION 1. (a) Notwithstanding section 17 of chapter 138 of the General Laws, the licensing authority of the town of Walpole may grant 5 additional licenses for the sale of all alcoholic beverages to be drunk on the premises pursuant to section 12 of said chapter 138, 3 to establishments located within the town's central business district and 2 to establishments located within the town’s route one/highway business corridor, as those districts are defined by the town's zoning bylaw, as it existed as of July 1, 2015, upon approval of and under conditions set by the licensing authority of the town. The licenses shall be subject to all of said chapter 138 except said section 17.

(b) The licensing authority shall not approve the transfer of a license granted pursuant to this act to a location outside of the town’s central business district or route one/highway business corridor, but it may grant the license to a new applicant at a location within the central business district or route one/highway business corridor provided that the applicant files with the licensing authority a letter from the department of revenue and a letter from the department of unemployment assistance indicating that the license is in good standing with those departments and that all applicable taxes, fees and contributions have been paid. A license issued under this act shall be clearly marked on its face “Central Business District Only” or “Route One/Highway Business Corridor Only”.

(c) If a license granted pursuant to this act is cancelled, revoked or no longer in use at the location of original issuance, the license shall be returned physically, with all of the legal rights, privileges and restrictions pertaining thereto, to the licensing authority and the licensing authority may then grant the license to a new applicant at a location within the town’s central business district or route one/highway business corridor under the same conditions as specified in this act.

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