Amendment status not verified — confirm the current text below against the official source.
(1) The Jawaharlal Nehru Technological University Act, 1972 is hereby repealed. (2) Upon such repeal, the provisions of sections 8 and 18 of 8the Telangana General Clauses Act, 1891 shall apply. (3) Notwithstanding such repeal,- (a) all property, movable or immovable and all rights, interests whatever kind powers and privileges of the University constituted immediately before the commencement of this Act, shall be transferred to and vest in the concerned University and shall be applied to the objects and purposes for which the University is constituted; (b) all benefactions accepted or received by the University constituted immediately before the commencement of this Act shall be deemed to have been accepted or received by the Universities under this Act and all the conditions on which such benefactions were accepted or received shall be deemed to be valid under this Act, notwithstanding that such conditions are inconsistent with the provisions of this Act; (c) all debts, liabilities and obligations incurred before the commencement of this Act and lawfully subsisting against the University shall be discharged and satisfied by the concerned University;