The Board is hereby authorized to issue rules and regulations in accordance with Title 3, chapter 35, Virgin Islands Code, and this chapter, to set fees, to regulate the issuance of licenses and certifications, to discipline appraisers as permitted by this chapter, to establish qualifications for licenses and certifications consistent with this chapter, to regulate approved education courses, to establish a code of professional responsibility for appraisers, to establish standards for real estate appraisals in conformity with the Uniform Standards established by Federal law, and to carry out the provisions of this chapter.