(a) The Administrator shall develop and approve the development of training programs for training participants.
(b) To implement the provisions of subsection (a) of this section, the Administrator may enter into agreement with training program sponsors for the development and operation of training programs. The Administrator, in accordance with standards prescribed by him, may reimburse training program sponsors for training program costs for a period not to exceed two years, within the amounts available for appropriation.
(c) In approving any training program under this chapter, the Administrator shall give due consideration to existing and prospective conditions of the labor market in the Virgin Islands, taking into account the present and anticipated supply of, and demand for, labor in the occupation or skill to which the training program relates, and to other relevant factors. The Administrator shall not approve any training program unless he determines, in accordance with regulations as he may prescribe, that:
(1) The program relates to an occupation or skill for which there are, or are expected to be in the immediate future, reasonable employment opportunities in the Virgin Islands; and
(2) The program will not result in the displacement of employed workers: and
(3) The training program sponsor is competent and reliable, and has adequate and safe facilities, and adequate training personnel; and
(4) The content of the training program is adequate, and will result in the qualification of trainees for suitable employment; and
(5) The training program sponsor has agreed to maintain records of attendance and progress of training program participants and to furnish any information and reports, as the Administrator may prescribe by regulation.
(d) If a training program approved by the Administrator fails to meet the standards provided in subsection (c) of this section, or if a training program sponsor breaches any of his undertakings, the Administrator, after due notice and an opportunity for the sponsor to be heard, may cancel, terminate or suspend the agreement with the sponsor in whole or in part. Other sanctions may be imposed and remedies invoked as provided by law.