(1) Save as otherwise provided by or under this Act, the present Board managing the existing college shall continue to function as Board of Governance of the University for a period of one year or until the new Board of Governance is established under this Act, whichever is earlier, and shall exercise such powers and perform such duties as are conferred on it by or under this Act.
(2) Save as otherwise provided by or under this Act, the present Chairman of the Board of Governors of existing college shall be the First Chairman of the Board of Governance of the University, for a period of one year, or until regular Chairman of Board of Governance is appointed by the State Government, whichever is earlier.
(3) Save as otherwise provided by or under this Act, the first Vice-Chancellor of the University shall be appointed by the State Government, from amongst the persons possessing the requisite qualifications and experience therefor, for the period of one year or regular Vice-Chancellor is appointed by the Chancellor, whichever is earlier.
(4) If on the date of commencement of this Act, any authority or body cannot be constituted in accordance with the provisions of this Act, the Vice-Chancellor may, after approval of the Chancellor take such measures for interim constitution of such authority or body.
(5) The term of such authority or body constituted under sub-section (4) shall be for a period of one year from its constitution or till such authority or body is duly constituted under this Act, whichever is earlier.
(6) For the removal of doubt, it is hereby declared that on expiry of a period of one year of the interim constitution of such authority or body, such authority or body shall cease to function.