(a) This part shall not apply:
(1) To any detective or officer belonging to the agencies of the United States or the Government of the Virgin Islands, while any such officer is engaged in the performance of his official duties.
(2) To special police officers appointed by the Commissioners or members of the Police Auxiliary while any such officer is engaged in the performance of his official duties.
(3) To insurance investigators or adjusters licensed as such.
(4) To any person employed as special agent, detective or private investigator exclusively in connection with the affairs of that employer.
(5) To any person, firm, company, partnership, corporation, or any bureau or agency whose business is exclusively the furnishing of information as to the business and financial standing, and credit responsibility of persons, firms, or corporations, or as to the financial responsibility of applicants for insurance, indemnity bonds or commercial credit.
(6) To any corporation duly authorized by the Government of the Virgin Islands to operate a central burglar or fire alarm protection business.
(7) Attorneys or counsellors at law in the regular practice of their profession, but such exemption shall not inure to the benefit of any employee or representative of such attorney or counsellor at law who is not employed solely, exclusively and regularly by such attorney or counsellor at law.
(b) No person, firm, company, partnership, corporation or any bureau or agency, exempted hereunder from the application of this chapter, shall perform any manner of private investigator or watchman, guard or patrol agency service for any person, firm, company, partnership, corporation, bureau or agency whether for fee, hire, reward, other compensation, remuneration, or consideration or as an accommodation without fee, reward or remuneration or by a reciprocal arrangement whereby such services are exchanged on request of parties thereto. The commission of a single act prohibited by this section shall constitute a violation thereof.