(1)
The Service shall administer royalties payable under this Act in accordance with the provisions of the Nigeria Tax Administration Act.
(2)
Notwithstanding any other provision of this Act and any other law —
(a)
the Service shall, in collobration with the Commission —
(i)
conduct joint quarterly review of records of royalties, concession rental and other payments,
(ii)
exchange relevant information and records for the purpose of facili tating each other's functions under the relevant laws, and
(iii)
facilitate the collection or remittance of the Commission's revenue ;
(b)
the Commission shall, not later than 12 months after the coming into effect of this Act, provide to the Service —
(i)
relevant records to facilitate the review of the royalties and other revenue collection due to the Federation Account,
(ii)
access to all accounts into which revenue due to the Federation is remitted, and
(iii)
relevant officers for the purposes of joint oversight, mutual assistance and collabrotion with the Service.