(a) There is hereby created and established in the Treasury of the Virgin Islands a special fund to be designated the “Agriculture Marketing Fund”.
(b) The Commissioner of Finance is directed to maintain and provide for the administration of the Agriculture Marketing Fund as a separate and distinct fund in the treasury, and no funds therein shall be available for expenditure except as provided in this section.
(c) The Agriculture Marketing Fund shall consist of such monies as may be appropriated thereto, from time to time, by the Legislature. Said monies shall be disbursed by the Commissioner of Finance, upon the certification of the Commissioner of Economic Development and Agriculture, exclusively for the making of partial payments to farmers who bring their produce to the Department of Economic Development and Agriculture for marketing purposes.
(d) There is hereby authorized to be appropriated each fiscal year to the Department of Economic Development and Agriculture from the Agriculture Marketing Fund, a sum not to exceed $50,000 to be expended for the purpose stated in subsection (c) hereof, and the Department shall faithfully expend such sum in a timely manner in accordance with the policy of this section.