http://gcc.gnu.org/bugzilla/show_bug.cgi?id=59411
--- Comment #3 from janus at gcc dot gnu.org ---
In F03, I think the relevant quotes are:
R506 initialization is = initialization-expr
or => null-init
7.1.7 Initialization expression
An initialization expression is an expression with limitations that make it
suitable for use as a kind type parameter, initializer, or named constant. It
is an expression in which each operation is intrinsic, and each primary is
(1) A constant or subobject of a constant,
...
Since pp is clearly a constant, the code should be valid (probably also in
F08).
