Power to appoint an agency for administration of property tax

(1) The Commissioner may, subject to such bye-laws as specified by the Corporation in this behalf, appoint any citizens welfare association recognized by the Corporation, or any Scheduled bank, or any person or other agency to— (a) maintain the assessment book under section 124; (b) collect tax and deposit the same with the Corporation; and (c) carry out such other tasks as may be assigned to them by a resolution of the Standing Committee. (2) Such citizens welfare association, bank or person, or other agency shall be paid such collection charges as may be authorized by such bye-laws as may be specified by the Corporation.