Incorporation

(1) The first Chancellor and the first Vice-Chancellor of the University and the first members of the Governing Body, Board of Management and the Academic Council and all persons, who may hereafter become such officers or members, so long as they continue to hold such office or membership of the respective University mentioned in the Schedule are hereby constituted a body corporate by the name of the respective University specified in the Schedule. (2) The University shall have perpetual succession and a common seal and shall sue and be sued by the said name.