A. The effective date of this chapter shall be June 1, 1997. Any alarm business operating within the Town pursuant to a valid town business license prior to this effective date which continues to operate as such after June 1, 1997, shall apply for a license under this chapter no later than July 1, 1997. Such alarm business shall be permitted to operate as if lawfully licensed under this chapter until such time as the application required by this subsection is granted or denied.

B. The provisions of this chapter shall not apply to audible alarms installed in or used in motorized transportation, including, without limitation, motor vehicles and boats.