Section 11-2218. Agreement between commissioner of finance and commissioner of motor vehicles

The commissioner of finance is hereby authorized  and  empowered  to  enter  into  an  agreement with the commissioner of motor
  vehicles to govern  the  administration  and  collection  of  the  taxes
  imposed by this chapter, which agreement shall provide for the exclusive
  method of collection of such taxes, custody and remittal of the proceeds
  of  such  tax;  for  the  payment by the city of the reasonable expenses
  incurred  by  the  department  of  motor  vehicles  in  collecting   and
  administering  such  tax;  and  for  the  audit,  upon  request  of  the
  commissioner of finance or his or her delegate, of the accuracy  of  the
  payments,  distributions  and remittances to the commissioner of finance
  pursuant to the provisions of this chapter, to be conducted  at  a  time
  agreed  upon  by  the  state  comptroller  and  to  be  allowed not more
  frequently than once in each calendar year. Such  agreement  shall  have
  the  force  and  effect  of  a rule or regulation of the commissioner of
  motor vehicles, and shall be filed and published in accordance with  any
  statutory requirements relating thereto.