(1) The maximum premium for a 12-month period that the Board may determine to be payable at any time in the third year in respect of a motor vehicle of any class is the product, rounded to the nearest whole dollar, of (a) the maximum premium that may be determined to be payable in the second year in respect of that motor vehicle; and(b) the escalator index for the third year.(2) An amount that is dollars and a number of cents is rounded to the nearest dollar (a) if the number of cents is 50 or more, by increasing that amount to the next whole dollar; or(b) if the number of cents is less than 50, by deducting those cents from that amount.