<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>81645</law_id><section_number>60.2-203</section_number><catch_line>Average annual payroll</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="60.2">Unemployment Compensation</unit><unit label="chapter" level="2" order_by="1" identifier="2">Definitions</unit></structure><text>
						<section><p>&#x201C;Average annual payroll&#x201D; means the average of the annual payrolls of any employer for the last three or five preceding calendar years, whichever is higher.</p></section></text><history>Code 1950, &#xA7; 60-5; 1968, c. 738, &#xA7; 60.1-5; 1986, c. 480.</history><metadata></metadata></law>
