,-==~=::l::!!:l::.==~=".c-...,_._,~.,~-"'~"n'-'::::!::"'-•- ~=='-=-=:-'-=.'....,.==---=.:.:: ~==----====·===~--==-~-·~ pan during the negotiation process and t nothing that has been agreed upon ere left out from the written draft; and at (2) the Agent acted within the arameters of its authority under the rovisions in the SPA, if applicable. Upon e completion of review, it shall forward .e proposed AVA to the PARPO together "th its written report and observations. Approval of the AVA Sec. 24 - Three ree original copies of the signed AVA Copies of the ust be submitted to DARPO. The Signed AVA to •ARPO shall immediately undertake to be submitted to etermine that the signed AVA is the same that it has reviewed in issuing the DAR ermit. Once this has been verified, which · no case must be later than fifteen days om submission thereof, the PARPO shall ·ssue a Certification that it contains the arne provisions as that reviewed prior to ·ts execution, and recommend for its pproval. The Certification, together with ne original copy of the AVA and such umber of photocopies equivalent to the umber of members of the PARCCOM, hall be transmitted to the PARCCOM. IJ\RC may delegate, through a esolution, its authority to pprove AVAs to the pertinent AR Regional Directors. In ase the parties disagree with e dectsion of the Regional irector, he/she/it/they may ppeal the said Resolution to e PARC. (Sec. 28) Approval of the AVA Sec. 27Certification of Approval and Effectivity his refers to PARPO's ertification issued to both arties that the AVA has been ·egistered and is recognized as ali d. Dispute Resolution I Sec. 30 Primacy of Mediation and Conciliation 'ARPO shall issue the Certification not ~ter than three business days from receipt f the PARC Resolution approving the YA. ediation and conciliation shall be the first ode of resolving any disputes between e parties of the AVA. Upon complaint by e ARBs or the investor, the DAR shall all both parties to a mediation/conciliation onference to see if the issue can be ·esolved amicably. Amendment of articular provisions of the AVA may be a olution to problems, and the DAR shall ot act to hinder this possible solution ess such amendment is in violation of ylaw. urisdiction for cases ·nvolving specific erformance or ·nguishment of an bligation under, or for the ullification, annulment, or evocation of, the AVA shall be ith the DAR Adjudication oard. (Sec. 31) According to Section 15, DAO No. 04, S. 2016, the mandatory provisions in an AVA are the following: 1. The consideration of the AVA, the determination of which must consider several factors which must include the following: 1.1land amortization value per hectare per year, multiplied by the number of hectares and the number of years of the life of the AVA; 1.2 annual real property tax per hectare, multiplied by the number of hectares and the number of years of the life of the AVA; and 1.3 in case of lease AVAs, the increase of annual consideration on the basis of the annualized Core Inflation Rate most recently published by the Bangko Sentral ng Pilipinas. 20