(a) The False Claims Act Fund is established in Treasury of the Virgin Islands as a separate and distinct fund administered by the Commissioner of the Department of Finance.
(b) Proceeds from the action or settlement of the claim by the Attorney General pursuant to this chapter must be deposited into this fund.
(c) Moneys in this fund, upon appropriation by the Legislature, may be used by the Attorney General exclusively to support the ongoing investigation and prosecution of false claims in furtherance of this chapter.
(d) Monies in the Fund do not revert to the General Fund at the end of any fiscal year, but remain available for the purposes set forth in subsection (c), subject to authorization and appropriation by the Legislature.
(e) Whenever the balance in the Fund equals or exceeds $2,000,000, the Commissioner of Finance shall deposit the excess amounts into the General Fund.
(f) The Inspector General shall audit the Fund annually.