MARVIN MANDEL, Governor

1461

(ii) Any nonprofit organization which elects
to pay contributions after having been covered under this
article on a payment in lieu of contributions basis will,
for the purposes of paragraph (i) hereof, be presumed to
have had payrolls equalling or exceeding $200,00 in each
prior fiscal year in which the employer actually paid
$200.00 or more to individuals for services; and the
employer will be presumed to have been chargeable with
benefits during any period when it was subject to this
article on a payment in lieu of contributions basis.
Honeys paid for services will be treated as payrolls and
benefits actually paid shall be the basis for
experience—rating calculations.

(4) The Executive Director shall for each fiscal
year determine the contribution rate of each employer who
has met the requirements specified in subsection (c) (3)
of this section, on the basis of his experience—rating
record, in the following manner:

(i) The Executive Director shall compute a
benefit ratio for each such employer which shall be the
quotient obtained by dividing the total regular and
extended benefits chargeable to his experience—rating
record which were paid within the
36—consecutive—calendar—month period ending on the
computation date by the total of his annual payrolls for
the 3 calendar years immediately preceding that
computation date; except that for any employer who has
not been subject to the provisions of this article for a
period of time sufficient to meet the
36—consecutive—calendar—month requirement, that benefit
ratio shall be the quotient obtained by dividing the
total benefits chargeable to his experience—rating record
which were paid during the entire period, ending on the
computation date, that he has been subject to this
article by the total amount of wages for employment paid
by the employer during the period beginning with the
first day of the calendar quarter immediately following
the quarter in which he first became subject to the
provisions of this article and ending on December 31 of
the calendar year immediately preceding that computation
date, with respect to which wages contributions have been
paid on or before that computation date. That benefit
ratio shall be computed to the fourth decimal point.

(ii) The contribution rate of each employer
for whom a benefit ratio is computed shall be as set
forth in the table below, hereafter referred to as the
"table of basic rates":