There is a Class B beer and light wine license. Except as provided in paragraph (2) of this subsection, the license authorizes the license holder to sell beer and light wine at a hotel or restaurant, at retail, at the place described in the license, for on–premises consumption. A holder of the license who has sold beer and light wine since before July 1, 1975, for both on– and off–premises consumption may continue to do so. The annual license fee is $365.