Establishment of University.

(1) Wherethe State Government, aftersuch inquiry as it may deem necessary, is satistied that the Sponsor has futfilted the conditions ;pecified in sub"section (2) of Section 3, it may direct the Sponsor, to establish an endowmenl Ilrnd- (2) After the establishment of lhe endowmeni lund, the State Government may, by notification in the Oifjcial Gazette, accord sanction for eslablishment; the Universiiy. (3) The headquarters oi University shall be in Sikkim and it may have campuses or Flegional Cenkes, Siudy Centres anywhere in lndia and abroad with _ approval ol the Board ot Governors. (4) The Chanceltor, the Vice-Chancellor, membsrs of the Board of Governors, ' members of the Board of L4anagement and the Academic Council for the time being holding otfice as such irl the University so established, shal constitute a body corporate and can sue and be sued in the name oJ the . University. ' (5) On the establishmeni of the Univetsity under sub_seciion (2), the tand and other movable and immovable properiies acquired, creaied,' arran ged or built by the University'ror the purpose of the University in the btate o'i Sikkim shall vest in the Universitv .(6) Tho land,.building and oth;r properlies acquired for the University shalt not be used for any purpose olher than that for which the same is a;quired. In the principal Act, in section 4, in sub-section (3), for the words "anywhere in India and abroad" the words "anywhere in the State of Sikkim" shall be substituted.