(b) The Board may issue the license to a holder of:

(1) a Class B restaurant or hotel (on-sale) beer and wine license; or

(2) a Class B restaurant or hotel (on-sale) beer, wine, and liquor license.

(c) (1) The license authorizes:

(i) the holder of a Class B beer and wine license to provide beer and wine at events that are held off the premises of the restaurant or hotel; and

(ii) the holder of a Class B beer, wine, and liquor license to provide beer, wine, and liquor at events that are held off the premises of the restaurant or hotel.

(2) The holder may exercise the privileges under the license only during the hours and days that are allowed for the holder’s Class B license.

(d) The license holder shall provide food for consumption at the catered event.

(e) The annual license fee is $550.

(f) This section does not require a holder of an existing Class B restaurant or hotel (on-sale) beer and wine license or a Class B restaurant or hotel (on-sale) beer, wine, and liquor license to obtain a caterer’s license for catering on the premises for which the Class B license is issued.