90.1. In respect of a road vehicle in the category of road vehicles referred to in section 2.1, the additional monthly duty is obtained by dividing by 12 the amount corresponding to 1% of the value of a road vehicle exceeding $40,000.
The value of a road vehicle is the most recent value established during registration or the value established during the calculation of the latest additional duty to retain the right to operate the registered vehicle.
O.C. 55-98, s. 20; O.C. 1246-2005, s. 25; O.C. 265-2007, s. 17.