(a) be a policy making body for the administrator of the Insurance Fund;
(b) appoint the Administrator of WCA and the Administrator of the Fund;
(c) to determine the salaries of the administrator of the WCA and the Administrator of the Fund;
(d) to serve as an Appeal Board for decisions rendered by the Administrative Law Judge under this chapter;
(e) to hold meetings as may be necessary to carry out its functions in any district as needed;
(f) consider and adopt rules regulations governing the WCA and the Fund in order to effectuate the intents and purposes of the system;
(g) report to the Governor and the Legislature annually on the activities of the WCA and the Fund, showing among other things, the number of injuries; the cost of claims and Fund balances;
(h) as an appeal body, the board is empowered to open, modify, terminate or reinstate awards, taking into account increased disability, restoration or earning power, aggravation of original injury, or any significant change which would justify a change in an award; and
(i) nothing in this chapter shall be construed as exempting the Board from any law made specifically applicable to independent instrumentalities of the Government of the Virgin Islands.