<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".07" citation="COMAR 13B.02.06.07" title_num="13B" subtitle_num="02" chapter_num="06" heading="Fund Accounting, Annual Assessment, and Special Assessment.">
  <paragraph num="A.">
    <text>The Secretary may make an accounting of the Fund as appropriate.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Notwithstanding any other provision of this chapter, the Secretary may issue an annual assessment to each school. An annual assessment shall be based on a percentage of a school’s tuition and fees, for a school year determined by the Secretary, and shall be paid to the Commission by the date determined by the Secretary.</text>
  </paragraph>
  <paragraph num="C.">
    <text>If the monies in the Fund are insufficient to pay pending claims, the Secretary may issue a special assessment, in addition to any annual assessment, and each school shall pay the special assessment amount as determined by the Secretary.</text>
  </paragraph>
</regulation>