a.
As a condition for the issuance or renewal of any license or permit, the applicant, if he is the owner thereof, shall pay any delinquent property taxes or assessments on the property wherein the business or activity for which the license or permit is sought or wherein the business or activity is to be conducted.
b.
When any license or permittee who is an owner of the property upon which the licensed business or activity is conducted has failed to pay the taxes or assessments due on the property for at least three consecutive quarters, the license or permit shall be revoked or suspended.
c.
Upon payment of the delinquent taxes or assessment, the license or permit shall be restored.
d.
The provisions of this chapter shall not apply to or include any alcoholic beverage license or permit issued pursuant to the "Alcoholic Beverage Control Act," N.J.S.A. 33:1-1, et seq.