(a) A separate and distinct special fund is established in the Treasury of the Virgin Islands for hospitality training in St. Croix designated the “St. Croix Hospitality Training Fund.”
(b) The Fund is administered by the Commissioner of Department of Finance.
(c) Monies in the Fund may be used solely for hospitality training on St. Croix.
(d) The Fund consists of monies distributed from the St. Croix Horse Racetrack Casino Revenue Fund pursuant to section 901(b)(4).
(e) The Department of Tourism shall coordinate the training programs to be implemented under the Fund.