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The Office of the Administrator of Stool Lands established by clause (2) of article 267 of the Constitution is responsible for

(a) the establishment of a stool land account for each stool into which shall be paid rents, dues, royalties, revenue and any other payments whether in the nature of income or capital from the stool lands,

(b) the collection of those rents, dues, royalties, revenues or the other payments whether in the nature of income or capital and to account for them to the beneficiaries specified in section 8, and

           (c) the disbursement of the revenues determined in accordance with section 7.