J. MILLARD TAWES, Governor                     1707

State Accident Fund, as the case may be, shall pay to the Workmen's
Compensation Commission the sum of one hundred dollars ($100.00),
in each case of accidental injury as defined in this article occurring
after June 1, 1945, and causing death, and ten dollars ($10.00) in each
such case of injury causing permanent partial disability, as specified
in Section 36(3) and Section 36(4) (a) of this Article. These pay-
ments shall be in addition to any payment of compensation to injured
employees or their dependents, as provided in this article, provided,
however, that payments arising under Section 36(4) (a) shall not be
required until on and after the effective date of this subsection.]

The employer, or, if insured, his insurance carrier, or the State
Accident Fund, as the case may be, shall pay to the Workmen's Com-
pensation Commission an amount equal to one per centum (1%) on
all awards rendered against such employer for permanent disability
and death, including awards for disfigurement and mutilation and
also on all amounts payable by an employer and his insurance carrier
or the State Accident Fund in pursuance to Settlement Agreements
approved by the Commission, as to awards and Settlement Agree-
ments approved on and after June 1, 1963. These payments shall be
in addition to any payment of compensation to injured employees or
their dependents otherwise provided in this Article.

The Workmen's Compensation Commission shall promptly remit all
such payments received by it to the Treasurer of the State of Mary-
land, to be held, managed and disbursed by him, as hereinafter pro-
vided. These payments received by the Treasurer from the Work-
men's Compensation Commission shall constitute a special indemnity
fund to be known as the "[Second] Subsequent Injury Fund." Such
fund shall consist of the payments above referred to, together with
any money or securities acquired by gift from the United States of
America, or otherwise, and interest earned through the use of money
belonging to the fund, all of which is hereinafter referred to as the
"fund." The fund shall be disbursed by the Treasurer only for the
purposes stated in this section, and shall not at any time be appro-
priated or diverted to any other use or purpose. [On and after Jan-
uary 1, 1946, the] The obligation of the bond of the Treasurer shall
contain a provision securing the protection of the fund. The Treas-
urer shall invest any surplus moneys in the fund in any securities in
which other funds of the State may be legally invested, and shall sell
any of the securities in which the fund is invested at any time neces-
sary for the proper administration and protection thereof, or in its
best interest, or for the purpose of making payments therefrom. Dis-
bursement from the fund shall be made by the Treasurer only upon
the written order of the Workmen's Compensation Commission. The
Treasurer, as custodian of the fund, shall furnish annually to the
Commission [beginning January 1, 1946,] a statement of the fund
setting forth the balance thereof as of the beginning of the preceding
year, the income therefrom, and the sources thereof, the payments
from the fund in itemized form, and the balance on hand as of the
preceding December 31. Such statement shall be published by the
Commission and be open to public inspection in its office at all reason-
able times. The Treasurer shall advise the Commission at least quar-
terly, and oftener if requested, as to the amount of the fund in his
hands.

(3) The Treasurer is authorized to receive and credit to the fund