(a) The Virgin Islands Historic Preservation Commission shall administer the provisions of this subchapter, and, in implementation and effectuation of such responsibility, shall, without limitation on the generality of the foregoing, have the following powers:
(1) Exercise and perform the powers and functions with respect to the establishment of the “Virgin Islands Registry of Historic Buildings, Sites, and Places” as provided for hereinafter;
(2) Exercise and perform the powers and functions with respect to the preparation of maps of “Historic and Architectural Control Districts” as provided for hereinafter;
(3) Seek the advice, assistance, and cooperation of, and cooperate with, individuals, groups or agencies, public and private, with respect to programs or projects related to the conservation or preservation of historical or cultural assets;
(4) Seek and accept gifts, bequests, endowments, and funds from any source, public or private, with respect to programs or projects related to the conservation or preservation of historical and cultural assets, including participation in federally assisted programs or projects in accordance with the provisions made with respect to executive departments under section 67, Title 3 of this code;
(5) Prepare and place, from funds provided by law, Virgin Islands historical marks on or along the highway or street closest to the location which is intended to be identified;
(6) With the written consent of landowners, mark buildings and sites which are of historic and cultural significance with appropriately designed markers;
(7) Subject to the approval of the Governor, adopt, issue, and amend rules and regulations, not inconsistent with the provisions of this subchapter or other laws, necessary or appropriate for the implementation and effectuation of the purposes of this subchapter.
(b) [Repealed.]