(1) An issuer that has a significant equity investee must disclose
(a) summarized financial information of the equity investee, including the aggregated amounts of assets, liabilities, revenue and profit or loss, and
(b) the issuer’s proportionate interest in the equity investee and any contingent issuance of securities by the equity investee that might significantly affect the issuer’s share of profit or loss.
(2) Provide the disclosure in subsection (1) for the following periods:
(a) the two most recently completed financial years;
(b) if the issuer is not providing disclosure in accordance with section 2.2.1 of Form 51-102F1, the most recent year-to-date interim period and the comparative year-to-date period presented in the interim financial report included in the prospectus, if any.
(3) Subsection (1) does not apply if
(a) the information required under that subsection has been disclosed in the financial statements included in the prospectus, or
(b) the issuer includes in the prospectus separate financial statements of the equity investee for the periods referred to in subsection (2).