(a) The Board shall be fully supported by the revenues generated from its activities, including fees, charges, fines, and reimbursed costs. All such revenues, including accrued interest, shall be deposited to the “”Guam Board of Allied Health Examiners Revolving Fund.”” The Guam Board of Allied Health Examiners Revolving Fund shall receive all interest earned on the deposit of such revenues. Such funds shall be appropriated continuously and shall be used by the Board for administration and enforcement of this Article.

(b) All fees and charges shall be set by the Board pursuant to its actual and anticipated budget needs, in accordance with the Administrative Adjudication Law. Fees collected from applicants for licensure or renewal of licensure are non-refundable.

(c) The Board shall develop and adopt its own budget reflecting revenues, including the interest thereon, and costs associated with the administration, regulation, and enforcement of this Article, and which shall also include allocations for establishment and maintenance of a reasonable reserve fund.

(d) A designated officer of the Board, or other person specifically designated by the Board, shall serve as Treasurer of the Board and, at the direction of the Board, oversee the collection and disbursement of funds.

SOURCE: Repealed and reenacted by P.L. 36-138:18 (Dec. 28, 2022).