24. (1) The Bangla Academy Order, 1972 (P. O. No. 44 of 1972), hereinafter referred to as the said Order is hereby repealed. (2) Upon the repeal under sub-section (1),-(a) the Bangla Academy, constituted under the said Order, hereinafter referred to as the dissolved Academy, shall stand dissolved;(b) until the Academy is constituted in accordance with the provisions of section 3, the President of the Academy, the Vice-President, Patrons, Fellows, Life Members and Members of the dissolved Academy shall be deemed to be the President, Vice-President, Patrons, Fellows, Life Members and Members of the Academy;(c) until the Parishad is constituted in accordance with the provisions of section 7 or until the expiry of the terms of members of the Parishad of the dissolved Academy, whichever is earlier, the Parishad of the dissolved Academy shall be deemed to be the Parishad constituted under section 7;(d) all assets, rights, powers, authorities and privileges, and all properties, movable and immovable, cash and bank balances, funds of the dissolved Academy and all other interests and rights shall stand transferred to, and vested in, the Academy;(e) all debts, liabilities and obligations of whatever kind of the dissolved Academy subsisting immediately before its dissolution shall be the debts, liabilities and obligations of the Academy;(f) all suits and other legal proceedings instituted by or against the dissolved Academy before its dissolution shall be deemed to have been instituted by or against the Academy;(g) services of all officers including the Mahaparichalak and employees of the dissolved Academy shall, notwithstanding anything contained in any other contract or agreement or in the terms and conditions of service, stand transferred to the Academy and they shall be deemed to be the officers and employees of the Academy appointed by it on the same terms and conditions of service as were applicable to them in the dissolved Academy unless such terms and conditions are altered, not being to their disadvantage, by the Academy.