(1) The Hunter Institute is abolished and its Council is dissolved.
(2) The
property of the Hunter Institute is vested in the University of Newcastle
(subject to any trusts or conditions subject to which it was held immediately
before the commencement of this section) to be applied by the University for
the purposes for which the University is established.
(3) The University of
Newcastle has the control and management of land that was under the control
and management of the Hunter Institute immediately before the commencement of
this section.
(4) The Newcastle College of Advanced Education By-law :
(a)
continues in force (in respect only of such part of the University of
Newcastle as comprises the institution that was, immediately before the
commencement of this section, the Hunter Institute) as if it had been made by
the Council of the University of Newcastle, and
(b) may be amended and
revoked accordingly.
(5) The University of Newcastle By-laws do not apply to
that part of the University of Newcastle referred to in subsection (4) while
the By-law referred to in that subsection has effect.
