Transitional provisions

(1) Notwithstanding anything contained in this Act and the Statutes, (a) the Government may appoint the first Vice-Chancellor, first Registrar, the first Comptroller of Finance and the first Controller of examination for a period not exceeding three years on such terms and conditions as the Government thinks fit; (b) the first Board of Management shall consist of not more than eleven members who shall be nominated by the Government and they shall hold office for a term of three years; and (c) the first Finance Committee shall consist of not more than seven members who shall be nominated by the Government and they shall hold office for a term of three years.