The provisions of this Article shall immediately be effective and applicable to all existing applicants for licenses, licensees, and licenses; and to all licensed premises; and to any proceedings or procedures affecting same. Except nothing hereunder shall revoke or alter the classifications of valid outstanding licenses on the effective date of this Article or the rights attendant to said classification; provided all licenses or renewal licenses issued after the effective date of this Article shall be in accordance with the classifications established hereunder and subject to all restrictions and regulations of such classification.
(Prior Code, Art. 6, § 6.24)