Amendment of Section 50

3. In Section 50 of the principal Act,

1. (i) in sub-section (1), for the words "for a period not exceeding eighteen months", the words "for a period of four years" shall be substituted;
2. (ii) in sub-section (2), for the words "The first Vice-Chancellor shall have the following powers", the words "The first Vice-Chancellor shall have the following powers for a period of two years" shall be substituted.