(a) There is hereby established an Oyster Recovery Fund which shall be funded from the following sources:
(1) Fee received by the Department for oyster harvesting licenses;
(2) Revenue received by the Department for oyster harvest fees; and
(3) Fees received for leasing shellfish grounds in Delaware Bay.
(b) Oyster Recovery Funds shall be used by the Department for the following:
(1) To purchase shells to be placed on natural oyster beds;
(2) To purchase oysters to be placed on natural oyster beds;
(3) To conduct research on oysters; and
(4) To transfer oysters from one natural bed to another.