(a) There is hereby established within the Department of Sports, Parks and Recreation, two separate commissions for the regulation of automobile racing, one for the Island of St. Croix, to be designated the “St. Croix Automobile Racing Commission” and one for the Islands of St. Thomas and St. John, to be designated the “St. Thomas-St. John Automobile Racing Commission.” Each Commission shall be composed of five members: The St. Croix Automobile Racing Commission shall be composed of four residents of the Island of St. Croix and the St. Thomas-St. John Automobile Racing Commission shall be composed of three residents from St. Thomas and one resident from St. John. All members shall be appointed by the Governor with the advice and consent of the Legislature. The Commissioner of Sports, Parks and Recreation shall serve as the fifth member, ex officio, of each Commission and shall vote only in the event of a tie.
(b) The term of each appointed member shall be three years; provided, that in the initial appointments hereunder, one member of each Commission shall be appointed for one year, two members for two years, and one member for three years, thereafter all appointments shall be for three years; except that any person appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term. Each member shall serve until the qualification and appointment of his successor.
(c) The members of each Commission shall annually elect one of their membership to serve as Chairman thereof; provided, that the initial meeting of each Commission shall be called by the Commissioner of Sports, Parks and Recreation for the purpose of organizing the Commission.
(d) Any member may be removed by the Governor for cause.
(e) In addition to actual traveling expenses, each appointed member of each Commission shall receive fifty dollars ($50) for each day or part thereof spent in the work of the Commission.
(f) Each Commission shall have the powers, duties and authority as are prescribed by law. No member of a Commission who has any pecuniary interest, direct or indirect, in any automobile registered for participation in automobile races in the Virgin Islands, may participate in any meeting, hearing, decision, or determination in relation to—
(1) the order of finish of any race;
(2) the disqualification of any automobile participating in a race;
(3) the granting, denial, suspension, or revocation of any license; or
(4) the imposition of any administrative penalties or sanctions.