Section 1: Establishment of the Federal Inland Revenue Service.

(1) There is established a body to be known as the Federal Inland Revenue Service (in this Act referred to as "the Service").
(2) The Service-
(a) shall be a body corporate with perpetual succession and a common seal;
(b) may sue or be sued in its corporate name; and
(c) may acquire, hold or dispose of any property, movable or immovable, for the purpose of carrying out any of its functions under this Act.
(3) The Service shall have such powers and duties as are conferred on it by this Act or by any other enactment or law on such matters on which the National Assembly has power to make law.