57. The expected compensation cost for the second-level reference period is determined for each unit in which the employer is classified for the assessment year by adding the results obtained by applying, for each year in the second-level reference period, the following formula:
insurable wages paid to
the employer’s workers second-level experience
in respect of the unit ratio for the unit
expected compensation and declared by the for the year
cost for each year = employer or apportioned x determined pursuant
of the second-level by the Commission in to section 304.1 of
reference period accordance with Title II the Act and set out
for the year of the in Schedule 1
second-level reference
period
For the purpose of determining the insurable wages paid to workers with respect to a unit, sections 46 to 48 apply, with the necessary modifications, as though they referred to the second-level reference period.