If your promotion process has not started, you should wait until the revised APP is approved (we expect approval by the Board of Trustees In December 2017, so that the revised APP can be implemented on January 1, 2018). As the approval process proceeds, there will be announcements of workshops in Fall 2017 to provide guidance for those who plan to submit materials for review in 2018 under the revised APP.
A promotion can still be reviewed and approved under the current APP, but only if the review of the promotion materials is already in progress (i.e. letters of evaluation have been solicited and received, and your Basic File is scheduled for review by the DPAC in August/September 2017), so that your Basic File can be submitted to the Office of Faculty Affairs by October 15, 2017, for review at the November PAC meeting. This timing ensures that all required approvals can be completed before the new policy is approved.