(a) The Antilitter and Beautification Fund is continued in the Treasury of the Virgin Islands as a special and distinct fund. The Commissioner of Finance shall maintain and provide for the administration of the Fund in the Treasury, and no funds therein are available for expenditure except as provided in this section.
(b) The Fund is constituted of:
(1) All charges collected for the towing, preservation, storage and/or disposal of abandoned vehicles, as provided under this chapter, shall be deposited.
(2) fees collected by the Waste Management Authority; and
(3) Such other amounts as appropriated from time to time by the Legislature.
(c) Monies in the Fund shall be disbursed by the Commissioner of Finance at the discretion of the St. Croix and St. Thomas/St. John Antilitter and Beautification Commissions for the following purposes:
(1) establishment of recycling programs and redemption centers;
(2) reimbursement of redemption centers established pursuant to Title 19, Section 1557a, Virgin Islands Code, for sums paid in exchange for materials turned in for recycling in an amount to be determined by the Antilitter and Beautification Commissions;
(3) roadside cleanup and beautification;
(4) removal and disposal of abandoned vehicles;
(5) increased enforcement of antilitter laws;
(6) antilitter educational campaigns;
(7) administration and expenses of the Antilitter and Beautification Commissions in an amount not to exceed 5% of the deposits to the fund in any fiscal year; and
(8) such other purposes or activities of the Waste Management Authority as are consistent with the purposes of Title 19, Chapter 56, Virgin Islands Code.
(d) The Commissioner of Finance shall maintain a detailed accounting record of all monies deposited into and disbursed from the Fund.