(a) For the purpose of assisting the Authority with its financing, the Government of the Virgin Islands, to the extent permitted by the Revised Organic Act of 1954, as amended, or any other applicable federal law, may—
(1) guarantee payment of the bonds of the Authority, both as to principal and interest; and
(2) employ its funds in the purchase of the bonds of the Authority, notwithstanding any provision of any law to the contrary.
(b) For the purpose of raising funds to be granted or loaned to the Authority to construct, improve, extend, better, repair, reconstruct, acquire and equip any part of the Authority's solid waste and wastewater management systems, the Government of the Virgin Islands may—
(1) borrow money, make and issue bonds or other evidence of indebtedness, and secure such bonds or other obligations by pledge of the Government's credit and taxing power, as provided for in section 500f of this chapter; and
(2) make or issue bonds for the purpose of funding, refunding, purchasing, paying, or discharging any of the outstanding bonds or obligations issued, guaranteed or assumed by it in pursuance of this section.
(c) For the purpose of assisting the Authority in complying with its responsibilities and obligations under this chapter, and to aid in the establishment of and transition to the Authority, the Legislature of the Government of Virgin Islands may provide to the Authority a subsidy by appropriation, initially, from the environmental user fees, and sewer user fees.