Subject to subsection (b) of this section, the Board may issue not more than two additional licenses of the same type to a holder of: a Class B (on–sale) hotel and restaurant beer, wine, and liquor license; or a Class B (on–sale) hotel and restaurant beer and wine license. A license issued under this subsection shall be issued for premises used as a restaurant. The restaurant shall have: a minimum capital investment of $150,000 for restaurant facilities, not including the cost of land or buildings; and a minimum seating capacity of 125 individuals. The Board may define “restaurant” by regulation. Except as provided in § 33–1606 of this subtitle, the Board may not issue more than three licenses of all classes under this section to or for the use of the same person.