(1) A plan shall take effect: (a) On the date of its approval by the secretary; or (b) On a date specified within the plan if that date occurs after its approval by the secretary. (2) Each plan: (a) Shall expire at the end of twelve (12) full calendar months after its effective date; or (b) If a plan is revoked by the secretary, shall terminate on the date specified in the secretary's written order of revocation. (3) A shared work employer may terminate an approved plan by providing the secretary and each employee in every affected group co vered by the plan with a written notice. Such notice shall: (a) Contain a message indicating that the plan is being terminated; (b) Identify the date on which the termination will go into effect; and (c) Be delivered to the secretary and each employee in e ach affected group covered by the plan no less than thirty (30) days prior to the termination date.
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