(1) This Instrument comes into force on [●].
(2) This Instrument applies:
(a) in the case of a reporting issuer other than a venture issuer, in respect of each financial year beginning on or after [January 1 of the first year after [●];
(b) in the case of a venture issuer, in respect of each financial year beginning on or after [January 1 of the third year after [●].