(1) A reporting issuer must file MD&A relating to its annual financial statements and each interim financial report required under Part 4.
(1.1) Despite subsection (1), a reporting issuer does not have to file MD&A relating to the annual financial statements and interim financial reports required under sections 4.7 and 4.10 for financial years and interim periods that ended before the issuer became a reporting issuer.
(2) Subject to section 5.2, the MD&A required to be filed under subsection (1) must be filed on or before the earlier of
(a) the filing deadlines for the annual financial statements and each interim financial report set out in sections 4.2 and 4.4, as applicable; and
(b) the date the reporting issuer files the financial statements under subsections 4.1(1) or 4.3(1), as applicable.