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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3. Transfer of undertaking, etc., of the Corporation. Notwithstanding anything contained in the Pakistan Refugees Rehabilitation Finance Corporation Ordinance, 1959 (II of 1960) or in any law, agreement or contract for the time being in force, the Federal Government may, by order, 1direct that,— (a) the undertakings and properties of the Corporation shall be transferred to such body or authority as it may think fit, on such date, in such manner and to such extent as may be specified in the order, and the undertakings and properties so transferred shall be carried on by, and vest in the body or authority concerned ; and 1For such Order, see S.R.0:499(I)/80, dated 13-5-80, Gaz. of P., 1980, Extra., Pt. II. pp. 605-606. (b) the officers, advisers and employees of the Corporation shall be transferred to, and appointed by, such body or authority as aforesaid, in such manner and on such terms and conditions as may be specified in the order.

Effective date: 1980-01-01

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