(a) There are hereby established honorary awards for the public recognition of Virgin Islanders who have distinguished themselves in the humanities and the arts, including the performing arts and music, sports, public service and any other field of human endeavor worthy of public recognition. The award shall be known as the Governor's Award and shall consist of a gold medal suspended on a ribbon of appropriate material and color and accompanying appurtenances. Each medal shall be suitably inscribed, and an appropriate citation shall accompany each award.
(b) The Governor's Awards shall be presented annually by the Governor during a reception to be held at Government House, St. Thomas.
(c) There is hereby established the Governor's Awards Board (hereinafter referred to as the Board), which shall consist of five members, at least two of whom shall be from St. Thomas, two from St. Croix and one from St. John, appointed by the Governor. The Chairman of the Board shall be designated by the Governor from the membership of the Board. The members of the Board shall serve at the pleasure of the Governor.
(d) The Board shall advise and assist the Governor in the selection of persons to whom awards shall be tendered. In performing its functions, the Board shall carefully review recommendations submitted to it and decide which of them warrant presentation to the Governor and shall transmit to the Governor, for his consideration, the names of those persons deemed by the Board to merit awards together with the reasons therefor. Recipients for the awards shall be selected by the Governor.
(e) The Board is authorized to prescribe the method and form for making nominations for an award.