Section 4407. Examinations; expenses

(a) The expenses of every examination
  of the affairs of any employee welfare fund, including any appraisal  of
  an  interest  in  real  property, made pursuant to any provision of this
  chapter, shall be paid by the employee welfare fund examined.
    (b) For any  such  examination  by  the  superintendent  or  a  deputy
  superintendent  personally,  the  charge  shall  be  only  for necessary
  travelling expenses and other actual expenses. In all  other  cases  the
  expenses  of  examination  shall  also  include  reimbursement  for  the
  compensation  paid  for  the  services  of  persons  employed   by   the
  superintendent   or  by  his  authority  to  make  such  examination  or
  appraisal.
    (c) Notwithstanding the provisions of subsection (a) or (b) hereof:
    (1) funds with contributions of less than thirty thousand dollars,  as
  reported  in  the annual statement filed with the superintendent for the
  latest fiscal year covered by the  examination,  the  charge  shall  not
  exceed three hundred dollars;
    (2)  funds  with contributions between thirty thousand dollars and one
  hundred fifty thousand dollars the charge shall not exceed  one  percent
  of such contributions;
    (3)  the  superintendent, with the approval of the comptroller, may in
  his discretion for good cause shown remit or reduce such charges.
    (d) All charges,  including  necessary  travelling  and  other  actual
  expenses,  as  audited and paid by the comptroller to the persons making
  the examination or appraisal, shall be presented to the trustees of  the
  employee  welfare  fund  in  the  form of a copy of the itemized bill as
  certified  and  approved  by  the  superintendent  or  by   any   deputy
  superintendent  or authorized employee of the department. Upon receiving
  such certified copy, such trustees shall pay the amount thereof  to  the
  superintendent, to be paid by him into the state treasury.