(a) There is hereby established in the Treasury of the Virgin Islands a special fund to be designated and known as the “Old District Court Building Retail Business Lease Program Revolving Fund” (hereinafter referred to in this section as the “Fund”). The Commissioner of Finance shall maintain and provide for the administration of the Fund as a separate and distinct fund in the Treasury and no monies shall be available for expenditure therefrom except as provided in this section.
(b) Monies in the Fund shall be disbursed by the Commissioner of Finance only at the direction of the Commissioner of Economic Development and Agriculture to carry out the provisions of section 339 of chapter 19, Title 3, Virgin Islands Code.
(c) The Fund shall consist of all sums appropriated thereto from time to time by the Legislature and all lease fees collected pursuant to the provisions of section 339 of chapter 19, Title 3, Virgin Islands Code.