University shall vest in the Sponsoring Body from such date.

Power to make rules :-

1. (1) The State Government may, by notification in the Official Gazette, make rules to carry out the purposes of this Act.
2. (2) All rules made under this Act shall be laid, as soon as may be, after they are so made, before the ‘House’ of the State Legislature, while it is a session, for a period of not less than fourteen days which may be comprised in one session or in two successive sessions and if before the expiry of the session in which they are so laid or of the session immediately following, the House of the State Legislature makes any modification in any such rules or resolves that any such rules should not be made, such rules shall thereafter have effect only in such modified form or be of no effect, as the case may be, so however, that any such modifications or annulment shall be without prejudice to the validity of anything previously done thereunder :