Section 2. (a) The trust fund shall be managed by the board of trustees established in section 4. All transactions affecting said trust fund including, but not limited to, all amounts credited to and all expenditures, transfers or allocations made from the trust fund, shall be recorded by subsidiary on the Massachusetts management accounting and reporting system.

(b) Said trust fund shall be classified by the comptroller as a nonbudgeted fund of the commonwealth. Amounts credited to said trust fund, including both principal and earnings, shall not be subject to the calculation of the consolidated net surplus pursuant to sections 2H and 5C of chapter 29.