Creation of Fund

There is hereby created, separate and apart from other funds of the government of Guam, a fund to be known as the Customs Forfeiture Fund (Fund), which shall be divided into two

(2)accounts: one

(1)account to be known as the Customs Local Forfeiture Account (CLFA); and another account to be known as the CH. 73 CUSTOMS AND QUARANTINE AGENCY Customs Federal Shared Assets Forfeiture Account (CFSAFA). The Fund shall not be commingled with the General Fund and shall be kept in a separate bank account, administered by the Director of Guam Customs and Quarantine Agency (Director). The Fund shall be expended as authorized by the Director.