(1) A RACA's renewed designation as a RACA commences on the day specified in the notice under subregulation 4.43E(3) (which must not be earlier than the day the notice is given).
(2) The renewed designation continues in force until the earlier of:
(a) the end of the period specified in the notice; or
(b) if the renewed designation is revoked under regulation 4.44, 4.44A, 4.44B or 4.44C--the day the renewed designation is revoked.
(3) The period specified in the notice must be at least 12 months, but not more than 5 years, after the day on which the renewed designation commences.