(a) The Division of Territorial Parks and Protected Areas shall have the power to charge reasonable fees, rentals or charges for the use or operation of facilities and concessions in areas, parks and beaches under its jurisdiction, and all such fees, rentals and charges so collected shall be deposited in the Treasury to the credit of the Territorial Parks System Revolving Fund created under 33 V.I.C. § 3100ee, the continuing balance of which Fund is specifically designated to be expended by said Division for the administration, improvement and maintenance of parks, beaches and areas under the jurisdiction of the Division, and for the acquisition and development of lands hereafter acquired for park and recreational purposes. The said Fund, and the fund created pursuant to section 31 of this chapter, shall be continuing, and shall not revert to the General Fund at the end of any fiscal year or at any other time but shall, until expended, be continually available to said Division for the uses and purposes set forth.
(b) Any moneys received in trust by the Division by gift, devise, appropriation or otherwise shall, subject to the terms of such trust, be deposited with the Department of Finance in the “Territorial Park Trust Fund” established in section 31 of this chapter.