ISLAMABAD, MONDAY, MAY 4, 2026 PART I Acts, Ordinances, President’s Orders and Regulations GOVERNMENT OF PAKISTAN MINISTRY OF LAW AND JUSTICE Islamabad, the 3rd May, 2026 F. No. 2(1)/2026-Pub. The following Ordinance promulgated on 03rd May, 2026 by the President is hereby published for general information:— ORDINANCE NO. III OF 2026 AN ORDINANCE to repeal the Pakistan International Airlines Corporation (Conversion) Act, 2016 WHEREAS, it is expedient to repeal the Pakistan International Airlines Corporation (Conversion) Act, 2016 (XV of 2016) in the manner and for the purposes hereinafter appearing; AND WHEREAS, the Senate and National Assembly are not in session, and the President of the Islamic Republic of Pakistan is satisfied that circumstances exist which render it necessary to take immediate action; (451) Price: Rs. 5.00 [10812(2026)Ex.Gaz.] 452 THE GAZETTE OF PAKISTAN, EXTRA., MAY 4, 2026 [PART I NOW, THEREFORE, in exercise of powers conferred by clause (1) of Article 89 of the Constitution of the Islamic Republic of Pakistan, the President of the Islamic Republic of Pakistan is pleased to make and promulgate the following Ordinance:— 1. Short title and commencement .—(1) This Ordinance shall be called the Pakistan International Airlines Corporation (Conversion) (Repeal) Ordinance, 2026. (2) It shall come into force at once. 2. Repeal of Act XV of 2016 .—(1) The Pakistan International Airlines Corporation (Conversion) Act, 2016 (XV of 2016) is hereby repealed except sub-section (1) of section 7 of the repealed Act. (2) Notwithstanding the repeal of the Pakistan International Airlines Corporation (Conversion) Act, 2016 (XV of 2016), the conversion of the Pakistan International Airlines Corporation into a public company, all orders made, actions taken, arrangements entered into, transfers effected, licenses, permissions, sanctions, authorizations, concessions and approvals granted and all proceedings continued under any of the powers conferred or exercised under the repealed Act, together with any right, privilege, obligation or llability acquired, accrued or incurred thereunder shall be deemed always to have been lawfully and validly made, taken, issued, vested or transferred and shall continue to be in force. (3) The particulars mentioned under sub-section (2) or in any other section of this Ordinance shall not prejudice the general application of section 6 of the General Clauses Act, 1897 (X of 1897). ASIF ALI ZARDARI, President. ———— RAJA NAEEM AKBAR, Secretary. PRINTED BY THE MANAGER, PRINTING CORPORATION OF PAKISTAN PRESS, ISLAMABAD. PUBLISHED BY THE DEPUTY CONTROLLER, STATIONERY AND FORMS, UNIVERSITY ROAD, KARACHI.