2718

LAWS OF MARYLAND

[Ch. 562

(1%) of its net direct written automobile liability
premiums for the previous calendar year as shown on its
annual statement filed with the Commissioner of
Insurance. At any time during the year, the executive
director may calculate the probable amount which, in his
estimation, will be needed to carry out the functions of
the Fund and to meet its obligations for the balance of
the registration year. If, in his judgment, the
estimated balance of the Fund will be insufficient to
meet the needs of the Fund, he shall assess against the
said insurers an amount which shall not exceed the lesser
of (i) the estimated deficiency or (ii) an additional one
percent (1%) of the aggregate net automobile liability
premiums of all such insurers (other than the Fund)
during the preceding year, as shown by the records of the
Commissioner of Insurance; provided, however, that if the
assessment is less than 1% of the said aggregate net
automobile liability premiums, it shall be apportioned
among the insurers in the proportion that the net direct
written automobile liability premiums of each bears to
the aggregate net direct., written automobile liability
premiums of all such insurers during the preceding year.
Neither payment by the insurers provided for herein shall
be deducted from any other assessments or tax required by
law, except a retaliatory tax. IF IN THE JUDGMENT OF THE
EXECUTIVE DIRECTOR THE ESTIMATED BALANCE OF THE FOND WILL
EXCEED THE NEEDS OF THE FUND. HE SHALL ACCORDINGLY REDUCE
THE AMOUNT PAID BY THE INSURERS.

243L.

(e) "Qualified person" means a resident of this
State or the owner of a motor vehicle registered in this
State or a resident of another state, territory, or
federal district of the United States or province of the
Dominion of Canada, or foreign country, in which recourse
is afforded to residents of this State, of substantially
similar character to that provided for by this subtitle,
but it shall not include: (1) any automobile collision
insurance carrier or other insurer seeking by way of
subrogation any recovery for amounts paid for damages to
motor vehicles, other real or personal property or
injuries to persons under any insurance coverages that
may be valid, including but not limited to collision,
fire, theft, medical payments, or uninsured motorist
coverages; or (2) any holder of a certificate of
self—insurance under this article[.]; OR (3) AN INSURED
UNDER A POLICY PROVISION PROVIDING COVERAGE FOR DAMAGES
SUSTAINED BY THE INSURED AS A RESULT OF THE OPERATION OF
AN UNINSURED MOTOR VEHICLE IN A FORM AUTHORIZED TO BE
INCLUDED IN AUTOMOBILE LIABILITY POLICIES OF INSURANCE
DELIVERED OR ISSUED FOR DELIVERY IN THE STATE. A vehicle
bearing temporary registration plates issued pursuant to
§3-602 of Article 66 1/2 shall not be deemed to be, for