Section 34: Assessments.

(1) The Board shall assess employers for such sums in such manner, form and procedure as the board may, from time to time, determine for the due administration of this Act.
(2) Assessments shall, in the first instance, be based upon estimates:
(a) of the employer's payroll for the year provided under section 41 of this Act; or
(b) as determined by the Board under section 43 of this Act.
(3) The Board may, by order, establish a minimum assessment.