The DAR shall provide the Secretariat to the RARC, and the Regional Secretary of Agrarian Reform shall be the Secretary General thereof. SEC. 10. Functions of the RARC. The RARC shall exercise the following functions: (1) Recommends small farm economy areas, which shall be specific by crop and based on thorough technical study and evaluation; (2) Schedules acquisition and redistribution of specific agrarian reform areas, provided that such acquisition shall not be implemented until all the requirements are completed, including the first payment to the landowners concerned; (3) Controls mechanics for evaluating the landowners‟ declaration of current fair market value as provided in Section 6 hereof taking into account current land transaction in the locality, the landowners annual income from his/her land, and other factors; (4) Coordinates the implementation of CARP Special Projects; (5) Ensures timely and effective deliveries of the necessary support services funded out of the Agrarian Reform Fund; and (6) Authorizes any of its members to formulate rules and regulation concerning aspects of agrarian reform falling within their area of responsibility. SEC. 11. RARC shall have an Executive Committee composed of the Regional Secretary of Agrarian Reform as Chairperson and Regional Secretaries and Heads of the following agencies as members: (1) Office of the Executive Secretary ORG (2) Department of Environment and Natural Resources ARMM (3) Department of Public Works and Highways ARMM (4) Department of Agriculture ARMM (5) Office of the Regional Treasurer ARMM The Executive Committee may invite whenever necessary authorized representatives of the central government from the following: (1) Department of Finance (2) Land Bank of the Philippines (3) Department of Budget and Management 51