Section 48: Savings

48. Savings. ___A college transferred to the University as a University college shall be deemed to have established by the University, under the Ordinance and:___ (a) everything done, action taken, obligations and liabilities incurred, persons appointed or authorized, fellowships or scholarship instituted of orders issued by the college shall be continued and, so far as may be deemed to have been done, taken, incurred, appointed or authorized, instituted or issued by the University established under this Ordinance ; (b) all moneys and properties held by the college immediately before the transfer of the college do the University shall stand transferred to the University ; (c) any rules made by the college, in so far as they are not inconsistent with the provisions of this Ordinance, shall continue in force until they are repealed, rescinded or modified under this Ordinance ; and (d) the employees of the college shall have the option to become the employees of the University on such terms and conditions as it may determine provided that the rights and privileges of such employees shall not be less favourable than those admissible to them immediately before their becoming employees of the University.

Effective date: 1985-01-01

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