17 (1) The following shall be authorities of the University:—
(1) the Governing Body;
(2) the Executive Council;
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(3) the Academic Council;
(4) the Finance Committee;
(5) the Planning Board;
(6) the Board of Faculties;
(7) the Examinations Committee; and
(8) such other body, council and committee as may be declared by the Statutes to be the authority of the University.
18[Provided that the sponsoring body shall have power to constitute the first Governing Body, first Executive Council, first Academic Council, and first Planning Board.];
19[(2) The authorities constituted under sub-section (1) shall cease to exist on the constitution of the Governing Body, the Executive Council, the Academic Council, the Finance Committee and the Planning Board under Sections 25, 26, 27, 28 and 29 respectively or after two years from the date of notification issued under Section 7, whichever is earlier.
(3) All decisions and actions taken by the authorities constituted under sub-section (1) shall be deemed to be the decisions of the respective authorities appointed under Sections 25, 26, 27, 28 and 29].