Any employer desiring to establish an exemption from the overtime
pay requirements of the Act with respect to employees whose employment
and compensation may be considered to qualify therefor under section
13(b)(11) may petition the Administrator, in writing, for a finding
under such section and this part. If the wage payment plan with respect
to which the finding is sought has been the subject of collective
bargaining with representatives of employees covered by the plan, the
employer shall provide timely notice of such petition, in writing, to
the authorized representatives or representatives of such employees and
shall submit a copy of such notice to the Administrator.