Ethiopian Grain Trade Enterprise Re-establishment Council of Ministers Regulations (No. 58/1999)

;JlL.* f~:"r-kl u».~"f£ Jl'l"h~lllf£ ~Tof1l\.h ~Yo/r.1A ";J~T ;JltllJ FEDERAL NEGARIT GAZETA OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 6th Year No.2 ADDIS ABABA - 22l1liOctober, 1999 , h.(-h.,.2jI ~~.}- <k1'C I '''Jlh "(1) 1':"r.}- Ii +, I,n~1 OJ\..}-f"kl4f.1.t-I\'£Jl1"ht.c\1'£ tT-OA.h f ih1l-o .,.m","'f fDhC o..}- ml)cf:~.}- f(lJtl) "7(f}c65J. CONTENTS f"7.~h.}-C''frhc o..}-~'-o !I~/IiifB ~.r. Council of Ministers Regulatioqs No. 58/1999 fJ\..}-f"kl fMJA ,..,.(- .(-c:E-.}-'~'~1'i ftOY'k'k'l'"fmlll Ethiopian Grain :rrade Enterprise Re-establishment f""l.~h.}-C''frhc o..}-~'-o 1A"iitifCti Council of Ministers Regulations Page 1171 f"7.~h.}-C''f rhc o..}-~'-o <k1'C!l~ fJ\..}-f"kl fMJA ,..,.(- .(-c:E-M 'h';'.1'i ftoy**r fmlll f"7.~h.}-C''f 'l'"hc o..}-~'-o f"7.~h.}-C''f rhc o..}- fJ\. .}-f"kl 4f.1.t-I\'£ Jl 1"ht c\1'£ tT-oft.h "h~~"7. 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COUNCIL OF MINISTERS REGULATIONS TO PROVIDE FOR THE RE-ESTABLISHMENT OF THE EmIOPIAN GRAIN TRADE ENTERPRISE These Regulations are issued by the Council of Ministers Pursuant to Article 5 of the Definitions of Powers and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No. 4/1995 and Article 47/1I(d) of the Public Enterprises Proclamation No.25/1992. 1. Short Title These Regulations may be cited as the "Ethiopian Grain Trade Enterprise Re-establishment Council of Ministers Regulations No. 58/1999." 2. Re-Establishment 1) The EThiopian Grain Trade Enterprise (hereinafter "the Enterprise") is hereby amalgamated with the Ethiopian Oil Seeds and Pulses Export Corporation, and re-established as a public enterprise. 2) The Enterprise shall be governed by the public Enterpirses Proclamation No. 25/1992. 3. Supervising Authority A body to be designated by the Government shall be the supervising authority of the Enterpirse. ~;J't+ ;JtLtIJ;...,.4:. iti(li Negarit G.P.O.Box 80,001 '''liitlifG''1 U.~A ~:'J&:";JII.III4I"'CI"'~f'":" Ili +1 IU2I ,.f'". Federal Negarit Gazeta - No.2 2200October, 1999-Page 1172 i' 'P'i ooJP'" o.T f.("C~i: 'P'i dOJP'" o.T "Jlh "°11 If':" "'~ "h4l"'" ~i: 0""~1D-9'" JPEf-6o :"C')-.Ef- A.':"I.ID f,":(-"A II ~. ,,,,,, ~C~i: f...!I:!l:OOI1:f1D-,,,,,,~":(- f"7.h"'I\-T 'i:fID-I {i. "'IJA 9'"C.,.":(-,h"1C ID-hT "9'"6o¥":f OOO"'''T IW1C ID-hT'i O'P~~~T AdJ1I" 101 ""1:"1 I I' f10~1D- "'IJA "79'"I.T Ef-""l-T "'Jl1~ "h'" ""I""I:-S101 f"7.11:-S0+ v-k:1' "'.Il4lmC ~1" ""I ~ I..., ; C' '''''"lID-' h.., A"7.("I.h f"7.l.~ lblr-":(-JP6o~":f"t 00 JP ~'T ; }. .rC:1'A A~C~i: f"'4l"'~1D- "'1::1'A c {ilIl "7.A.M Ilit !!f~i (",.(" 00'" "JP~. 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HeadOffice TheEnterpriseshallhaveitsheadofficeinAddisAbaba and may have branch offices elsewhere as may be necessary. 5. Purposes The purposes for which the Enterpirse is established are: I) to purchase grain'from farmers and sell in local and mainly in export markets; 2) to contribute towards the stablization of markets for farmers' produces so that they will be encouraged to increase their outputs. 3) to engage in other related activities conducive to the attainment of its purposes. 6. Capital The authorized capital of the Enterprise shall be Birr 112,012,454 (One hundred twelve million twelve thousand four hundred fifty four Birr) of which Birr 105,047,079 (One hundred five million fourty seven thousand seventy nine Birr) is paid up in cash and in kind. 7. Liability The Enterprise shall not be liable beyond its total assets. 8. Duration The Enterprise is established for an indefinite duration. 9. Repeal The Ethiopian Grain Trade Enterprise Establishment Council of Ministers Regulations No.104/1992 is hereby repealed. 10. Transfer of Rights and Obligations The rights and obligations of the Ethiopian Grain Trade Enterprise established under Regulations No. 104/1992 and the Enterprise known as the Ethiopian Oil Seeds & Pulses Export Corporation are hereby transferred to the Enterprise. 11. Effective Date These regulations shall enter into force on the date of their publication in the Federal Negarit Gazeta. Done at Addis Ababa, this 22ndday of October, 1999: MELES ZENAWI PRIME MINISTER OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA .ne?')'i" M9" ""1''''1.1 .('c';"" ;Jo1'tID ~ERHANENA SELAM PRINTING ENTERPRISE