SECTION 8. NOTIFICATION OF

DESIGNATION

.01 After reviewing those applications filed during the initial application period, the Service anticipates that by March 31, 1997, it will issue the first notice that lists the PDSs that are designated under these interim procedures. That notice will specify the period during which the designated PDSs will be designated. This period will not begin earlier than the date the notice is issued, and the period may begin either on the date the notice is issued or shortly thereafter. Except as provided in section 12 of this revenue procedure, this period will not end earlier than March 1, 1998, regardless of the time permanent guidance is issued.

.02 The Service will issue additional notices providing a revised list of the designated PDSs on or before September 1st and March 1st of each year of the interim period.

.03 In unusual circumstances, the Service may issue additional notices at other times. (See, for example, section 12.06 of this revenue procedure.)