According to the official Microsoft documentation, this is not
possible.
But there is an undocumented way to do this:
If you start the TS licensing service with a -nodc switch you can
run it on any 2000 member server.
HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Services
\TermServLicensing
Modify the ImagePath value to
"%SystemRoot%\System32\lserver.exe -nodc"
You might also have to point the 200 TS to the LS:
239107 - Establishing Preferred Windows 2000 Terminal Services
License Server
http://support.microsoft.com/?kbid=239107