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Laws of Ethiopia

Property Mortgaged or Pledged with Banks (Amendment) Proclamation (No. 216/2000)

Made 2000-07-06 · Text as of 2026-10-01

Public law and official guidance, published as research. Not legal, tax or financial advice.

About this law

Language
English
Kind
Act
Organisation
African Union (AU)
Country
Ethiopia
Subjects
Land and soil
Keywords
ownership, land based credit, legal proceedings/administrative proceedings, transfer rights, property rights

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Text

The law's own text, section by section, as held. Each section has its own link.

  1. &oFo&.A ~ ;,tT ~ llJ FEDERAL NEGA}ilT G ~ETA OF THE FEDERAL DEMOCRAT~C REPUBLIC OF ETHIOPIA (IJ':(l•l·'i: '~"":I. •l!'l'C: •:•)?; >,.,;,(I >,1111 ,u. tn! •••·} :rntrn n>, . .-1·\'·A·.r & .. Y .. t.-1\'P. ~.'t")1t.-l'l .. r•e cr•nt\.h \',1,·11-11 ·f•(l)l]\'·:r 9°tll: n.:,. m'l•l!H· \'(I)") 6' 11 Year No. 46 ADDIS ABABA - 6"1 July. 2000 "'J (IJ•f.h/, >,'P~f •l:•rc iW•) :rntrn 'H,I"· n irH1 11"" (,.,,. {1/\ ·I· J'II ·H11.. :,. \'"'"' /0 'Fi''i.r / >, 'Pf· •l:•rc i{f(:1; 1 :rn n ~ llll'H1 11"".r·,,- (lf\·l·.r11 'Hll..;I· fm"Jm•'} >,'PJ•; /\"'fti'liA fm"J >,'PJ•: 'Hll..·Y:•}°· fm"Jt11·'} >,'Pf: •l:·rc '.U :O!f{ "'fti1iA ll"'/{1/../\·1•: m, . .-1·\'·A·.(' & .. Y .. t.-1\'I'. .,; ,,0 t11.-l'lS'I! cr•n/\J1 ,1,·1 ,l',IJ >,'P~f "ll•l'Hl 11"".(''lf" (lf\·l·.('fl 'Hl/...-1· \'(l)flJ "'/'li"t'i (' >,'P:f· •l:•rc: i{:(:1; :O!tH{" ·l··ll/\" l\.m•l•(I ,r.'•l··I\A:: ~{· "'/'/i''li',(' llll'H1 fl"" (''If' {lf\•I· <'11 ·H11..:,. fm"Jm· >,•p·e: •l:•rc: ;;:{; • • •1• •• .: (l1JJ/,./.(I)• \''P;, "]'/"·} {/l>IJ.•/.:1·--·" \'Ol/.1\(D• ,hl.0J •l·o•c:11 "/\""~~: ""/..('m• l.Ll./.;J· ,JD', 'Ii' ll·f·(lmm· f'P ;, "J'/0 :,. ""'''I..-,,,, 11"'/.I\CD· ,hl.0 J ·l··l·h:tA;= .t•1.i;. '11:J 2·.10 Unit Price CONTENTS Proclamation No. 193/2000 1 Property Mortgaged or Pledged with Banks (Amendment) Proclamation i····--············· Page I 386 PROCLAMATION NO. 216/2000 A PROCLAMATION TO AMEND THE PROPERTY MORTGAGED OR PLEDGED WITH BANKS PROCLAMATION , WHEREAS, it has hecome necessary to amend the Property Mortgaged or Pledged witjh Banks Proclamation No. 97/1998; NOW, THEREFORE. in accordance with Article 55( I) \ll" the Constitution of the Federal Democratic Rcpuhlic of ~th1opia, it is herehy proclaimed as follows: ~I. Short Title This P1oclamation may he cited as the "Property Mortgaged or Pledged with Banks (Amendment) Proclamation No. 216/2000''. 2. Amendment The Property Mortgaged or Pledged with banks Proclamation No. 97 /1998 is hereby amended as follows: I) The correction made to Article 3 of Proclamation under paragraph (I) of Corrigendum No. 1/1998 is hereby deleted and the ph'rase "or if no buyer appears at the second auction, to acquire the property at the floor price set for the first auction and have the ownership of the property transferred to it'' is inserted after the word ''buyer'' on the eighth line of the Article. ',;J/.•l· ;Jfl."I ;r•"l·•I?· ·i(·i'i.;i Negarit G.P.O.Box 80,00 I ' ~- lln'P:~: n'><f>?t· !~ l\f, "··· fl1l.f.'C m-tt- tIJ-il1' (l(lt./.(D• f'P.'.J 0 19"•1• <IDlP/.:,.0 •••"~11'/.f\tIJ- ml.°l ., .• ,.,c;,, " ... f\ou~(': ,JD/..rro• ,1.1.1.:t- DP Fi n-,.l'lmm­ f'P .'.J 0 1911 :,- oPlP t. ·l- ... " n"tl\m- ml.°l .,..,.h:tA 11 r.· n'P,l". f°7J~'ifH• ·1.11. f,U n'P~: h(l). 7'"il <f>'} :rn~:rn '¼·9° "f..9°C: fO'i f,lf'it\ 11 f./c: ',;J(\ "l..';.'; f t,.:l·f·A·.r t.,.eol-•l\'P. ~ 'l"hl-•l'l..r ~T-fll\.h Tt..lLJn:,.O Federal Negarit Gazeta- N o.46 6th July, 2000-Page 13 87 2) The correction made to Article 4 of the Proclamation under paragraph (2) of Corrigendum No. 1/1998 is hereby deleted and the phrase ''or if no buyer appears at the second auction, it may acquire the property at the floor price set for the first auction and have the ownership of the property transferred to it'' is added after the word,. "buyer" at the end of the Article. 3. Effective Date This Proclamation shall come into force as of the 61hday of July, 2000. Done at Addis Ababa, this 6thday of July, 2000. NEGASO GIDADA (DR.) PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 11cnc.- Mr 0 •1-t-a,J .(-c~:,- .➔•-1-00 BERHANENA SELAM PRINTING ENTERPRISE

Property Mortgaged or Pledged with Banks (Amendment) Proclamation (No. 216/2000) · Nelum