section 41
Transitory Provisions
The Khangchendzonga Buddhist University, Sikkim Act, 2020(1) The Sponsorino Bodv shall constitute a Founding Executive Tearn, through a resolution prior to the passage of the Act' thai shall act as the representative of the sponsor and as authorities in all matters inVolving the University until such time as the members of the Authorities of the University are appornted and regulations and 'ules are approved by tne state Government. (2) The mernbers of ihe Founcling Executive Team, will have responsibilitres that shall cover ail aspects of starting the University including but not limited to :- (a) authority to open bank accounts, (b) writing thg Iy-laws for and constituting all Authorittes and Bodies; (c) planning and exEcuting construction of campus; (d) writinq rules and regulations, and (e) seleciinc firsi rnr;mbers of the Board of Governors inciuding the first',lice-ill-rancellor ancj the chancellor as per provisions of the Act. (3) The initial Board of Governors will conduct the first process of bringing on new Boar| members. The Board of Governcrs shall f,en ue self-pespetuating as per the provisions of this Act, rules and regulations.
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