Repeal and Saving
2.        As from the date appointed under sub-section (3) of section 1,(hereinafter in this
           section and section 3 referred to as the appointed date)
           the following consequences shall ensue, namely:
           (i)  the enactments mentioned in the First Schedule shall stand repealed (here in after in this section and
                sectuion 3 referred to as the repealed enactment);
           (ii)  the University established under the repealed enactments shall be deemed to be the Universities
                 established under the Act and shall be known by the names of over the areas as sopecified in the
                 Second Schedule;
           (iii) all the assets and liabilities of the respective Universities referred to in clause
                 (ii) shall vest in the respective Universities deemed to be established in their place under this Act.
           (iv) all suits or other legal proceedings instituted by or aainst the respectiove Universities under the
                 repealed enactments may be continued by or against the respective Universitiy deemed to be
                 established in their place under this Act.
           (v)  all appointments made, notifications and orders issued,degrees, diplomas or certificates conferreds
                 or issued, privilages granted or other things done under the repealed enactments and in force
                 immediately before the date aforesaid shall, be deemed to have been respectively made, issued,
                 conferred granted or done under this Act.
           (vi) all Statues, Ordinances and Regulations made by various authorities of the respective Universities
                 under the repealed enactments and in force immediately before the date aforesaid shall, in so far as
                 they are not  inconsistent with the provisions of this Act, be deemed to be Statutes, Ordinances and
                 Regulations made by the appropriate authorities of the respective Universities under the relevant
                 provisions of this Act.
                             Provided that the Statutes and Ordinances deemed to be so shall cease to be in force on
expiry of a period of one year from the appointed date or on the date of coming into force of the first
Statutes,Ordinances, as the case may be,drawn up under section 34 whichever is earlier;

          (vii) all employees belonging to or under the control of the respective Universities referred to in clause
                  (ii) immediately befor the appointed date shall be deemed to be employees of the respective
                      Universities deemed to be established in their place under this Act, on the same terms and
                      conditions as applicable to them before the date aforesaid unless altered in accordance with
                      the provisions of this Act and the Statutes and  Ordinances made thereunder;
          (viii) all records and papers belonging to the Universities refered to in clause (ii) shall vest in the respective
                 Universities deemed to be established in their palce under this Act.