1528                                   LAWS OF MARYLAND                                 Ch. 527

(1) He is an "exhaustee" as defined in
subsection (a) [(10)] (9)[,];

(2) He has satisfied the requirements of this
act for the receipt of regular benefits that are applicable
to individuals claiming extended benefits, including not
being subject to a disqualification for the receipt of
benefits.

(f) (2) Computations required by the provisions of
subsection (a) [(6)] (5) shall be made by the Executive
Director, in accordance with regulations prescribed by the
United States Secretary of Labor.

SECTION 4. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1979.

Approved May 29, 1979.

CHAPTER 528

(House Bill 235)

AN ACT concerning

Maryland Industrial Land Act

FOR the purpose of amending the Maryland Industrial Land
Act; specifying certain periods for interest—only
payments; deleting provisions for extension of these
periods; specifying a certain period for principal and
interest payments; requiring, in certain instances,
prepayment of loans, in accordance with a certain
formula and reduction of certain payments; deleting
certain restrictions on sales and leases of land;
making conveyance subject to certain conditions;
changing the lien provisions; enabling inclusions of
certain provisions in the loan agreement; increasing
certain loan limits; deleting certain provisions for
studies of potential industrial sites; authorizing
loans under certain conditions for demolition and for
new construction of vertical industrial parks;
redefining "shell buildings" to include rehabilitated
buildings; specifying that loans are general
obligations of the borrowing subdivision; Making this

language; renumbering certain provisions; and generally
relating to the Maryland Industrial Land Act.

BY repealing and reenacting, with amendments,

Article 41 — Governor — Executive and