On and from the commencement of this Act:-
(1)any reference to the Madan Mohan Malaviya Engineering College, Gorakhpur in any law (other than this Act) or in any contract or other instrument shall be deemed as a reference to the University;
(2) all property, movable and immovable, of or belonging to the Madan Mohan Malaviya Engineering College, Gorakhpur shall vest in the University;
(3) all the rights and liabilities of the Madan Mohan Malaviya Engineering College, Gorakhpur shall be transferred to, and be the rights and liabilities of the University;
(4) every person employed by the Madan Mohan Malaviya Engineering College, Gorakhpur immediately before the commencement of this act shall hold his office or service in the University by the same tenure, at the same remuneration and upon the same terms and conditions and with the same rights and privileges as to pension, leave, gratuity, provident fund, and other matters as he would have held if this Act had not been passed, and shall continue to do so unless and until his employment is terminated or he has opted for the universitys terms and conditions of employment;
(5) notwithstanding anything to the contrary contained in any other provision of this Act, existing students of the Madan Mohan Malaviya Engineering College, Gorakhpur who joined classes before the establishment of the University under section-4 of this Act, shall continue to pursue their academic courses and programmes of study under the enrolment and affiliation of the Gautam Budh Technical University, Lucknow, which shall conduct examinations for them and award degrees to them upon successful completion of the courses and programmes of study they are pursuing there at presently.