Schedule 4 to the Principal Act is amended as follows:

(a) by omitting clauses 1 , 2 and 3 from Part 1 ;

(b) by omitting Part 2 and substituting the following Parts:

PART 2 - Transitional provisions in respect of the Council

5.    Certain members to continue in office

On 1 September 2001 –

(a) the Chancellor continues to hold office as a member of the Council for the balance of his or her term of office and is eligible for re-election; and

(b) the Vice-Chancellor and the Chairperson of the Academic Senate continue to hold office as members of the Council; and

(c) the members of the Council formerly elected as students continue to hold office as such for the balance of their term of office; and

(d) the remaining members of the Council cease to hold office as such but are eligible for re-election or reappointment.

6.    Terms of office for certain members

In respect of the Council constituted on 1 September 2001 –

(a) the members referred to in section 8(1)(d) and (j) , as substituted by the University of Tasmania Amendment Act 2001 , are to hold office for such period not exceeding 4 years as is specified in their instruments of appointment; and

(b) the members referred to in section 8(1)(e) and (h) , as so substituted, are to hold office until 31 December 2002.

PART 3 - Early elections and appointments

7.    Early elections and appointments

(1) For the purposes of constituting the Council, an election may be held and an appointment may be made during the period of 2 months immediately before the position on the Council is to be filled.

(2) For the purposes of constituting the Council on 1 September 2001, a member of the Council referred to in section 8(1)(j) , as substituted by the University of Tasmania Amendment Act 2001 , may be appointed at any time before that date by the Council as constituted at that time.