(1) From the date of commencement of Act, the legal status of Bihar Research Society as an autonomous body registered under the Societies Registration Act, 1860; shall be ceased;
(2) From the date of commencement of the Act, the Bihar Research Society shall be taken over by the State Government and shall be vested absolutely under the Department of Art, Culture and Youth of the State Government as a Research and Publication Wing of Patna Museum;
(3) All the assets and liabilities of Bihar Research Society and its Executive Committee/General Council/Advisory Body/Association, whether movable or immovable including lands, buildings, store, instruments and equipment, machinery, vehicle, furniture, cash balance, Bank deposits and all books/manuscripts/xylographs and other shall, on the date of taking over, stand transferred to and vested in the Patna Museum, Patna under the control of State Government free from all encumbrances;
(4) The Department shall, by notice in writing require any person in possession of any property of Bihar Research Society which is vested under the provisions of the Act of the State Government to surrender possession of same immediately to the State Government and if a person refuses or fails to comply with any such notice, the Department may enter upon and take possession of the same;
(5) On the request of the Department, the District Magistrate, Patna shall render such assistance, as may be necessary, for enforcing compliance with the order of the Department, under sub-section (4) of this Section.