Section 48: Provisional assessment

(1) Where-
(a) an employer fails to comply with section 39 of this Act within the time required under this Act; or
(b) the information provided under section 39 of this Act does not, in the opinion of the Board, reflect the probable amount of the payroll of the employer or correctly describe the nature of the work carried on, the Board may assess such sum as it is in its opinion, the probable payroll of the employer or nature of the employer's industry.
(2) If it is later determined that the assessment under sub-section (1) of this section, is different from the required assessment, the employer or the Board shall be liable to pay to the other the difference.