Section 45: Security for payment of assessment.

(1) The Board may serve notice on an employer requiring the employer to provide security, in an amount and form deemed appropriate by the Board, for the payment of assessments that are or might be levied against an employer.
(2) If at any time the Board considers that the security provided is no longer sufficient, the Board may require such further security as it deems appropriate.
(3) The employer shall, within 30 days after being served with a notice to do so, provide the security required by the Board.