(a) There is established, in the Treasury of the Virgin Islands, a fund known as “The Virgin Islands Sin Tax Revolving Fund.” The Commissioner of Finance shall administer the fund as a separate and distinct fund in the Treasury of the Virgin Islands. Money in the fund is available for expenditure or disbursement only as provided in this section.
(b) The Fund consists of all sums appropriated to it from time to time by the Legislature of the Virgin Islands, of all money received by the Government of the Virgin Islands pursuant to section 42, subsection (a), Schedule (II) of this title, and of all gifts, donations, grants, bequests and contributions, federal or local, as may be made to the Fund.
(c) From the proceeds of taxes deposited into the Fund pursuant to section 42, subsection (a), Schedule (II), the Commissioner of Finance shall disburse five percent to the Virgin Islands Council on Alcoholism and Drug Dependence annually exclusively for its treatment and prevention programs and the remaining 95% for deposit into the General Fund of the Government of the Virgin Islands.