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44. Term of office of President.- (1) Subject to the Constitution, the President shall hold office for a term of five years from the day he enters upon his office:

Provided that the President shall, notwithstanding the expiration of his terms, continue to hold office until his successor enters upon his office.

(2) Subject to the Constitution, a person holding office as President shall be eligible for re-election to that office, but no person shall hold that office for more than two consecutive terms.

(3) The President may, by writing under his hand addressed to the Speaker of the National Assembly, resign his office.

41. The President.-(1) There shall be a President of Pakistan who shall be the Head of State and shall represent the unity of the Republic.

(2) A person shall not be qualified for election as President unless he is a Muslim of not less than forty-five years of age and is qualified to be elected as member of the National Assembly.

[(3) The President to be elected after the expiration of the term specified in clause (7) shall be elected in accordance with the provisions of the Second Schedule by the members of an electoral college consisting of- 

(a) the members of both Houses; and

(b) the members of the Provincial Assemblies.]

(4) Election to the office of President shall be held not earlier than sixty days and not later than thirty days before the expiration of the term of the President in office:

Provided that, if the election cannot be held within the period aforesaid because the National Assembly is dissolved, it shall be held within thirty days of the general election to the Assembly.

(5) An election to fill a vacancy in the office of President shall be held not later than thirty days from the occurrence of the vacancy:

Provided that, if the election cannot be held within the period aforesaid because the National Assembly is dissolved, it shall be held within thirty days of the general election to the Assembly.

(6) The validity of the election of the President shall not be called in question by or before any Court or other authority.

[(7) The Chief Executive of the Islamic Republic of Pakistan-

(a) shall relinquish the office of Chief Executive on such day as he may determine in accordance with the judgment of the Supreme Court of Pakistan of the 12th May, 2000; and

(b) having received the democratic mandate to serve the nation as President of Pakistan for a period of five years shall, on relinquishing the office of the Chief Executive, notwithstanding anything contained in this Article or Article 43 or any other provision of the Constitution or any other law for the time being in force, assume the office of President of Pakistan forthwith and shall hold office for a term of five years under the Constitution, and Article 44 and other provisions of the Constitution shall apply accordingly.]

43. Conditions of President's office.-(1) The President shall not hold any office of profit in the service of Pakistan or occupy any other position carrying the right to remuneration for the rendering of services.

(2) The President shall not be a candidate for election as a member of [Majlis-e-Shoora (Parliament)] or a Provincial Assembly ; and, if a member of [Majlis-e-Shoora (Parliament)] or a Provincial Assembly is elected as President, his seat in [Majlis-e-Shoora (Parliament)] or, as the case may be, the Provincial Assembly shall become vacant on the day he enters upon his office.

Story of General Pervez Musharraf:

1                     Appointed as the Chief of Army Staff on October 7, 1998

2                     Appointed as Chairman Joint Chiefs Staff Committee on April 9, 1999.

3                     Military coup on October 12, 1999: General Pervez Musharraf became Head of the State and designated himself as Chief Executive.

4                     General Pervez Musharraf became the President of Pakistan on June 20, 2001 after sending home the then President Justice (retd) Muhammad Rafiq Tarar

5                     As a result of nationwide Referendum on April 30, 2002, the sole candidate, General Pervez Musharraf was elected as the President of Pakistan for duration of five years, but he took oath on 16^th November 2002.

6                     As a result of a deal with the MMA (Muttahida Majlis-e-Amal) General Pervez Musharraf on state run PTV announced to put off his military uniform by 31^st December, 2004 and will continue to serve as the President. General Pervez Musharraf also got a vote of confidence on January 1, 2004, from the Parliament and the four provincial assemblies under the provision of the 17th Amendment passed by the National Assembly and the Senate.

Whether General Pervez Musharraf has already consumed his constitutionally mandated two consecutive terms or he would have to shed his uniform depends solely on his own decision.