SECTION 10. EFFECTIVE DATE

.01 In general . Except as provided in section 10.02 of this revenue procedure, this revenue procedure is effective for applications filed on or after [INSERT DATE THIS REVENUE PROCEDURE IS PUBLISHED IN THE INTERNAL REVENUE BULLETIN].

.02 Transition rule for pending appli- cations . If a taxpayer filed an application before [INSERT DATE THIS REVENUE PROCEDURE IS PUBLISHED IN THE INTERNAL REVENUE BULLETIN] and the application is pending with the national office on [INSERT DATE THIS REVENUE PROCEDURE IS PUBLISHED IN THE INTERNAL REVENUE BULLETIN] , the taxpayer may request that the application be processed in accordance with this revenue procedure. However, the national office will process applications filed before [INSERT DATE THIS REVENUE PROCEDURE IS PUBLISHED IN THE INTERNAL REVENUE BULLETIN] in accordance with prior authorities unless, prior to the later of [INSERT DATE THAT IS 45 DAYS AFTER THE DATE THIS REVENUE PROCEDURE IS PUBLISHED IN THE INTERNAL REVENUE BULLETIN] or the issuance of the letter ruling granting or denying consent to the adoption, change, or retention, the taxpayer notifies the national office that it requests that its application be processed in accordance with this revenue procedure.