78                                   Laws of Maryland                          [Ch. 65

able for benefits in the Maryland Unemployment Insurance Fund
is a sum which equals or exceeds 8% but is less than 4% of the total
payrolls paid by all employers during the first four of the last five
completed calendar quarters, which payrolls were subject to con-
tributions and reported to the Executive Director, all contribution
rates shall be increased by 1.2 except that those contribution rates
which are already set at 0.2 shall be increased by 1.0 and those con-
tribution rates which are established at a higher rate than 1.5 shall
be increased to 2.7, and those rates which are established at 2.7 shall
not be further increased.

(G) For any calendar quarter, when, as of the beginning of the
first day of the preceding calendar quarter, the total amount avail-
able for benefits in the Maryland Unemployment Insurance Fund
is a sum which is less than 3% of the total payrolls paid by all em-
ployers during the first four of the last five completed calendar quar-
ters, which payrolls were subject to contributions and reported to
the Executive Director, all employers shall pay contributions at the
standard rate of 2.7.

Provided, for the purpose of making any computation under this
subsection, any amount which has been credited to Maryland's account
under §903 of the Social Security Act, as amended, and which has
been appropriated for expenses of administration, whether or not
withdrawn from said funds, shall be excluded from the total amount
available for benefits in the Unemployment Insurance Fund.

(5) If an employer subject to this Article shall transfer his
entire business, or a department, section, division or any other sub-
stantial portion of the business, which is readily definable, by sale
or otherwise, to another employing unit, the Executive Director shall
combine the experience-rating records of the two employing units,
and shall for purposes of rate determination transfer to the successor
employer the pay-roll record and the benefit charges of the prede-
cessor. Provided, that the pay-roll record and benefit charges of
the predecessor shall be charged to the new employing unit in the
same proportion as the pay-roll record of the unit being transferred
has to the total business of the predecessor.

The successor employer shall be liable for the contributions for
such business from the date the transfer occurred.

If the successor is an employer at the time of the transfer, and
has been assigned a contribution rate pursuant to the provisions
of this sub-section, he shall continue to pay contributions at such
previously assigned rate from the date the transfer occurred through
the next June 30.

If the successor is not an employer at the time of the transfer,
and acquires the business of one employer or the businesses of two
or more employers with the same rate he shall pay contributions at
the rate assigned to the predecessor employer or employers from the
date the transfer occurred through the next June 30.

If the successor is not an employer at the time of the transfer, and
simultaneously acquires the businesses of two or more employers
with different rates of contribution, his rate from the date the
transfer occurred through the next June 30 shall be a recomputed