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(a) For the purpose of aiding the Authority in carrying out the purposes of this chapter, the Governor of the Virgin Islands with the approval of the Legislature, may at the request of the Authority and upon such terms as shall be determined—
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(1) dedicate, sell, convey, or lease any interest of the Government in any property or grant easements, licenses or any rights or privileges therein to the Authority;
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(2) cause services of the character which the Government is otherwise empowered to render to be furnished to the Authority.
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(b) [Deleted.]
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(c) No real property which was transferred to the Authority pursuant to paragraph (a) of section 3 of Act No. 2375 (approved December 24, 1968) or which may hereafter be transferred to the Authority by the Government of the Virgin Islands without consideration shall be sold, mortgaged, pledged or assigned by the Authority without the approval of the Governor and the Legislature. Any of the real property which was transferred to the Authority pursuant to paragraph (a) of section 3 of Act No. 2375 (approved December 24, 1968) which does not constitute facilities related to the airport and/or marine activities of the Authority shall be retransferred to the Government of the Virgin Islands. Such transfer shall be effective as of July 1, 1971, and shall be evidenced by appropriate deeds of conveyance or other legal instruments.
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(d) No loan or other indebtedness which is guaranteed by the Government of the Virgin Islands or secured by a pledge of any funds or revenues thereof (other than rentals or other payments made by the Government for the use of property of the Authority) shall be incurred or assumed by the Authority or thereafter renewed or modified by it without the approval of the Governor and the Legislature; nor shall any property acquired or constructed by the Authority from the proceeds of such loan or other indebtedness be sold, mortgaged, pledged or assigned by the Authority so long as such loan or other indebtedness is outstanding without the approval of the Governor and the Legislature.