(a) Each District Board shall establish and maintain separate bank accounts and may make direct fiscal disbursement from such accounts to pay all necessary costs and obligations. Revenues generated by each hospital and health facility under its jurisdiction shall be deposited in its account. The disbursements shall be made by the District Boards pursuant to regulations issued by the Corporation.
(b) Notwithstanding the establishment of separate bank accounts under this section, the Department of Finance shall continue to be responsible for the payrolls of the Governor Juan F. Luis and Roy L. Schneider Hospitals subject to the appropriation and allotment process.
(c) All deposits and disbursements from the accounts created herein shall comply with the applicable provisions of the Virgin Islands Code regarding the deposit and disbursement of funds from government bank accounts.