Section 3 — Establishment of the Nigeria Revenue Service

(1) There is established the Nigeria Revenue Service (“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 name; and

(c) may acquire, hold or dispose of any property, movable or immovable, for 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 law.