(a) There is established within the Treasury of the Virgin Islands a separate and distinct fund designated and known as the “Enterprise Zone Fund”. The Commissioner of Finance shall maintain and provide for the administration of the Fund, and no monies shall be made available for expenditure there from, except as provided by law. All monies in the Fund remain available until expended.
(b) The Fund consists of all monies appropriated from time to time by the Legislature, all public or private grants, donations, bequests or devises, and fees collected by the Enterprise Zone Commission, or any appropriations transfers thereto.
(c) The Commissioner of Finance shall disburse monies from the Fund as directed by the Enterprise Zone Commission to implement the Enterprise and Commercial Zones Programs.