Amendment status not verified — confirm the current text below against the official source.
After Chapter IX of the 1923 Act, the following Chapter shall be inserted, ~ ~ ~ i ~ o f n e w I.L_-- .., . "CHAPTER IX-A TRANSFER OF CERTAIN COLLEGES, EMPLOYEES AND FUNDS. 45-A. Trcinsfer of certain colleges to Unitwrsity.-( 1 ) Notwithstanding anything contained in this Act or the statutes, regulations, ordinances and orders made thereunder, on and from the date of commencement sfthe Tamil Nadu Universities Laws (Amendment) Act, 2002 (hereafter in this Chapter referred to as the not fied date), the colleges and institutions specified in Schedule 111 shall be transferred to, and maintained by, the ! Chennai University as the constituent colleges of that University. (2) On and from the notified ddte, the control and management of the constituent colleges specified in sub-seetion (1) and all properties, assets-snd liabilities of the Government in relation thereto shall stand transferred to, and vest in,*the Chennai University. 45-8. Transfer of certain employees.- (1) Every person, who immediately before the notified date, is serving in the college or institution specified in Schedule 111 shall, as from the said date, become an employee of the University and shall cease to be an employee of the Gbvernnient. (2) Every person referred to in sub-section (1) shall hold office under the Chennai University for the same tenure at the same remuneration and up In the same rights and pri ~ileges as to pension or gratuity, if any, and other matters as Ite would have held the same on the notified date as if the Tamil PIadu Universities Laws (Amendment) Act, 2002- had not been passed. (3) The liability to pay pension and gratuity to the persons referred to in sub- section (1) shall be the liability of the Chennai University. 45-C. Transfer of accumulations in Provident Fund and other like Funcis.- (1) The sums at the credit ofthe Provident Fund Accounts of the persons referred to in sub-section (1) of section 45-B as on the iotified date shall be transferred to the Chennai University and the liability in respect of the said Provident Fund Accounts shall be the liability of the Chennai University. (2) There shall be paid to the Chennai University out of the accumulations in the superannuation fund and other like funds, if any, of the Government, such amounts as I have been credited to the superannuation fund or other like funds, if any, on behalf of the persons referred to in sub-section (1) of section 45-B. The amounts so paid shall form part of the superannuation fund or other like funds, if any, that may be established by the Chennai University for the benefit of its employees.". Addition of new