PART XI INJURY FUND AND ASSESSMENTS — Information may be required
123
(1) An employer shall on becoming an employer, or where required by the commission, provide to the commission
123(a)
a statement showing an estimate of the amount of the payroll; and provide a certified statement of payroll, including a calculation of the difference between the prior year's estimated payroll and the actual payroll;
123(b)
other information that may be prescribed in the regulations for the purpose of assigning the industry carried on by the employer to the proper class and of making the assessment in relation to the class. provide the commission with an estimate of payroll for the coming year;
123(2)
An employer shall at the time and in the form that may be required by the commission
123(c)
remit to the commission money calculated to be owing for the prior year and the amount estimated to be owing for the next year; and
123(d)
provide the commission with the financial statements or other information that the commission considers necessary to determine the employer's assessment.
123(3)
An employer shall keep in the form and with the detail that may be required for the purpose of this Act careful and accurate records of earnings paid to employees and those records shall be produced, on request, to the commission.
123(4)
Where the business of the employer includes more than one class of industry, the commission may require separate statements to be made in relation to each class and the statements shall be provided in accordance with subsection (1) or (2).
123(5)
Where an employer does not provide to the commission the statements or records referred to in subsections (1), (2) and (3) within the time period prescribed in the regulations, the commission may base an assessment or supplementary assessment made upon the employer on an amount that, in its opinion, is the probable amount of the payroll of the employer and the employer is bound by the assessment.
123(6)
Where it is determined that the amount referred to in subsection (5) is less than the actual amount of the payroll, the employer is liable to pay to the commission the difference between the amount for which the employer was assessed and the amount for which the employer would have been assessed on the basis of payroll.
123(7)
A person shall, where required, report whether the person has employed workers during a period that the commission designates, and where the person has employed workers the person shall report the nature of the industry in which they were employed and provide other information that the commission may require.
Not legal advice. Verify the cited article against the signed agreement.