Act shall continue to hold office till such date he would have held that office, if this Act had not been passed.

Transitory Provisions.- Notwithstanding anything contained in this Act, the Vice- Chancellor may, with the previous approval of the Chancellor discharge all or any of the functions of the University for the purpose of carrying out the provisions of this Act, and for that purpose may exercise any powers or perform any duties which by this Act are to be exercised or performed by any Authority of the University until such authority comes into existence as provided by this Act.