834 LAWS OF MARYLAND. [CH. 504

Upon the failure of an employer to comply with the re-
quirements of the preceding paragraph of this Section, the
Commissioners of the State Accident Fund may cancel
the policy of insurance of any such employer, such can-
cellation to be effective upon the expiration of ten (10)
days, and it shall be the duty of the Superintendent 9f the
State Accident Fund to send by registered mail notice of
such cancellation to the employer at his last known address
promptly.

Any employer who shall, with fraudulent intent, mis-
represent to the Commissioners of the State Accident Fund
the amount of payroll upon which the premium under this
Article is based, shall be guilty of a misdemeanor, and upon
conviction shall be subject to a fine of not more than one
thousand dollars or imprisonment of not more than ninety
days, or both.

SEC. 6. And be it further enacted, That Section 27 of
Article 101 of the Annotated Code of Maryland (1939 Edi-
tion), title "Workmen's Compensation", sub-title "State
Accident Fund", be and the same is hereby repealed; and
that a new Section be and the same is hereby enacted in
lieu thereof, to be known as Section 27, to follow imme-
diately after Section 26 of said Article, said new Section
to read as follows:

27. The entire expense of conducting and administer-
ing the State Accident Fund, as likewise all expenses of
the State Industrial Accident Commission, shall be paid
in the first instance by the State out of the monies appro-
priated for the maintenance thereof. Within ninety days
after the close of each fiscal year of the State Accident
Fund, the Commissioners thereof shall ascertain the ex-
pense incurred in conducting and administering the State
Accident Fund during said fiscal year, and shall authorize
in the same manner as other disbursements from the State
Accident Fund are authorized, the amount thereof to be
transferred from said Fund by the Treasurer to the State
Treasury to reimburse the State for the monies so appro-
priated and expended in conducting and administering the
State Accident Fund for such fiscal year.

As soon as practicable after January 1st of each year,
the State Industrial Accident Commission shall ascertain
as fully and accurately as possible the total payroll of all
the employers of this State, subject to the provisions of
this Article, for the preceding calendar year, whether in-
sured in the State Accident Fund, any stock company, or
mutual association, or self-insured, and shall also calculate