Section 13: Chairman — Investment Corporation of Pakistan Ordinance, 1966

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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13. Chairman.__ (1) The appointment of the Chairman shall be honorary. (2) Unless the 1[Federal Government] otherwise directs, the Chairman shall hold office for term of three years and continue in office thereafter until his successor is appointed and shall be eligible for reappointment. (3) A casual vacancy in the office of the Chairman shall be filled by the 1[Federal Government] and the person appointed to fill such vacancy shall, unless the 1[Federal Government] otherwise directs, hold office for the unexpired period of the term of his predecessor. 1Subs. by F.A.O., 1975, Art. 2 and Table, for “Central Government”.

Effective date: 1966-01-01

Related sections

Section 12: Board Section 14: Managing Director Section 11: Direction and superintendence Section 15: Qualifications and disqualifications of Directors Section 10: Offices, branches, etc Section 16: Executive Committee

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