Amendment status not verified — confirm the current text below against the official source.
(1) Notwithstanding anything contained in the Orissa Universities Act, 1989 or the Statutes made thereunder, or In the Orissa University of Agticulmre and TechnoIogy Act, 1965 or the Statutes made thereunder, any or aU the constituent Colleges, Institutions or Departments of other Universities a3 may be specified in thc notification issued by the Government in this bchalf shall, with effat from such date as may be specified in the said notification, ba dlaaf%lleted from tha respective other Universitier and bo formed into and maintained as constituent Colleges, Institutions or the Departments of the university : Provided that the College of the Engineering and' Tcchnolom, huba an^& and the, University College: of Engineering, BlrrIa shall stand transferied from the other .Universities. concerned and b e formed into and maintained a cbnstltuent Colleges of tht University, immediately and the provisions of subsections (2) and (3) shall apply on such transfer. : (2) On and from thc datc so specified under sub-section [I),- (i) thc control and management of the col[cges or institutirm or Dcparrd ments notified nndar ssubsection (I); and '. ( i j ) a11 the propcrties, asscis and linbiliries and rights and - obligations OF thc respective Universities in rclatiun to the said colleges, inslit~~tjons oi Departmenls including all obligations of rhc Government in re lation thereto. ShlI stnnd transferred to, and veet in or devolve upon, the Univcrsity. (3) The compensation payable by the Univcrsity to the other Universities in respect of the properties; assets and rights beIonging Lo tlicorher Universities transferred to, or vested in, fhe University under sub-section (2) in rclationto any college or institution or Department to which. thc provisions of this Act arc applied undcr sub-scction (1 1 shall be Such as may be agreed upon between tbe resp~tivc othcr Uni~~sitias and the University : Provided that where no such agreement is rezched within a period of ouc year from the date specified under sub-section { I ) , the Guvernment may, after giving an opportunity to the othcr Universities mncerned and Ihe University ' - for making their representations in this behall: determine the compensation _ . . : payable to such other Universities and ihc.compcnsation so dctermined shall be final and binding on such other Universities and the University.