SECTION 1. Section two thousand and seventy-four of Act Numbered Twenty-seven hundred and eleven, known as the Administrative Code, is hereby amended to read as follows:
"SEC. 2074. Term of office of elective official.—The term of a provincial officer elected at any general election commencing with the year nineteen hundred and thirty-seven, shall begin on the sixteenth of July following such election and shall end on the fifteenth of the same month three years thereafter; but if a successor be not inducted at the time appointed by law, the incumbent shall hold over until a successor shall be duly qualified."