81

H.—l

coming into operation of this Act, have the right to keep terms or hold scholarships in such institutions shall continue to have such right. 4. From and after the coming into operation of this Act the Otago University shall he styled "The Otago University College," and the Canterbury College shall he styled " The Canterbury University College ;" and any other University College hereafter to be established or brought under the provisions of this Act shall be styled " University College," with the name of the provincial district in which such College shall be situate prefixed; and all such Colleges shall be Colleges of the New Zealand University. 5. All statutes and regulations made by the New Zealand University, or by the Otago University, or by the Canterbury College, in force at the passing of this Act, except such as are repugnant to the special provisions of this Act, shall, until they be altered or repealed hereunder, remain in force as statutes and regulations respectively of the New Zealand University as constituted by this Act, and of the Otago and Canterbury University Colleges as brought within the provisions of the same; and all rights, liabilities, and contracts existing, and all actions and proceedings pending, at the time of the coming into operation of this Act, of, by, or against the New Zealand University, or the Otago University, or the Canterbury College, shall, on the coming into operation of this Act, be vested in and attach to, and be enforced, carried on, and prosecuted by or against, respectively, the University as constituted by this Act, and the Otago and Canterbury University Colleges as brought within the provisions of the same; and all persons at the time of the coming into operation of this Act, holding degrees in or being Professors or members either of the Otago University or of Canterbury College, shall thereupon be deemed to hold respectively the like degrees and professorships, and to be members with the like grade or status in the •University constituted by this Act and the said University Colleges. 6. Two new Colleges shall be established and incorporated under the provisions of this Act, to be called respectively "The Auckland University College" and "The Wellington University College." 7. The bodies corporate as constituted by the Acts and Ordinances hereby repealed under the respective names of the University of New Zealand, the Otago University, and the Canterbury College, shall, any alteration made by this Act in the constitution of the said bodies corporate notwithstanding, remain and be bodies politic and corporate by the respective names of the University of New Zealand, the Otago University College, and the Canterbury University College; and all other University Colleges now or hereafter to be established under or brought under the provisions of this ""Act shall be bodies politic and corporate, by the names prescribed in the fourth section of this Act; and the aforesaid University and University Colleges shall each, by its respective name herein prescribed, have perpetual succession and a common seal, and shall, by the same name, sue and be sued, plead and be impleaded, answer and be answered unto, in all Courts of the said colony; and shall be capable in law to take, purchase, and hold all goods, chattels, and personal property Avhatsoever, and shall also be able and capable in law to recover, take, purchase, and hold, for ever, not only such land, buildings, hereditaments, and possessions as may from time to time be exclusively used and occupied for its immediate requirements, but also any other lands, buildings, hereditaments, and possessions whatsover situate in the said colony or elsewhere; and shall be capable in law to grant, demise, alienate, or otherwise dispose of all or any of the' property, real or personal, belonging to it; and also to do all other matters and things incidental or appertaining to a body politic. 12—H. 1.

Colleges of the UniTersity-

Saving existing rights, &e.

New Colleges at l e c l^ n t d o^ nd

University to con*J™. e o°ta Vunlversity'and Canterbury c°llege to *>e coucinuGQ uy I*ll6 jIUiiJIGS of" The otago UniJ^oj^^g^f 0* University College;" poj a tJJj to be lncor ~