310                               Laws of Maryland                       [Ch. 263

(iii) If on any computation date the total amount available for
benefits in the fund exceeds 7.5 percent but is not more than 9 percent
of the wages paid during the calendar year immediately preceding
such computation date by all employers subject to this article, which
wages were subject to contributions and reported to the Executive
Director, each employer's basic rate which is computed pursuant to
Sub-section (c) (3) of this section, shall be reduced by three (3)
tenths of one (1) percent.

(iv) If on any computation date the total amount available for
benefits in the fund exceeds 9 percent but does not exceed 10 percent
of the wages paid during the calendar year immediately preceding
such compensation date by all employers subject to this article, which
wages were subject to contributions and reported to the Executive
Director, each employer's basic rate which is computed pursuant to
the provisions of Sub-section (c) (3) of this section, shall be reduced
by six (6) tenths of one (1) percent, but in no event below zero.

(v) If on any computation date the total amount available for
benefits in the fund exceeds 10 percent of the wages paid during the
calendar year immediately preceding such computation date by all
employers subject to this article, which wages were subject to con-
tributions and reported to the Executive Director, each employer's
basic rate which is computed pursuant to the provisions of Sub-
section (c) (3) of this section, shall be reduced by nine (9) tenths of
one (1) percent, but in no event below zero.

(vi) If on any computation date, subsequent to the computation
date on which the total amount available for benefits in the fund
reached 5 percent of wages as required in subparagraph (ii) hereof,
such total amount falls below 5 percent but is not less than 3 percent
of the wages paid during the calendar year immediately preceding
such computation date by all employers subject to this article, which
wages were subject to contributions and reported to the Executive
Director, each employer's basic rate, which is computed pursuant to
the provisions of Sub-section (c) (3) of this section, shall be in-
creased by three (3) tenths of one (1) percent.

(vii) Notwithstanding any other provision of this section, if on
the last day of any calendar quarter the total amount available for
benefits in the fund equals less than [3] 2 percent of the wages paid
during the calendar year immediately preceding the calendar year
in which such calendar quarter occurs by all employers subject to
this article, which wages were subject to contributions and reported
to the Executive Director, the minimum rate for any employer who
has a rate computed pursuant to Sub-section (c) (3) of this section,
shall, for the next succeeding quarter and for the remainder of the
then current fiscal year, be 2.7 percent, which shall also be subject
to adjustment as provided in Sub-section (c) (4) (i) hereof. Em-
ployers whose rates as determined under the other provisions of Sub-
section (c) of this section are in excess of 2.7 percent before adjust-
ment shall continue to pay at such rates as are required under said
other provisions.

Provided, that under no circumstances shall any employer be re-
quired to pay contributions at a rate, including the adjustment per-
centage provided in [section] Subsection (c) (4) (i) of this section,
of more than 4.2 percent.

Provided further that, for the purpose of making any computation
under this sub-section, any amount which has been credited to Mary-