Corrigenda to proclamations and Regulations

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Corrigenda to proclamations
1. Corrigendum No. 1/1998 English version
[Repealed by Property Mortgaged or Pledged with Banks (Amendment) Proclamation
No. 216/2000]
[Business Mortgage Proclamation No. 98/1998]
Property Mortgaged or Pledged with Banks Proclamation No. 97/1998 is hereby
corrected by:
1. omission of the "," after the word "buyer", in Article 3, and insertion thereinafter of the
phrase "or to take over the property, in consideration of its estimated value as specified
in the contract of loan, and have the ownership thereof registered in its own name; in
cases where bidders fail to appear upon a secon4 public auction having been held.";
and
2. omission of the "." at the end, of Article 4, and addition thereinafter of the phrase "or
take over the property, in consideration of its estimated value as specified in the
contract of 19an,and have the ownership thereof registered in its own name; in cases
where bidders fail to appear upon a second public auction having been held."
2. Corrigendum No. 2/1999 Amharic and English version
[Ethiopian National Archives and Library Proclamation No. 179/1999]
The "2%" in "Article 8(2)" under Article 2(2) of the Investment
(Amendment) Proclamation No. 168/1999 shall read "27%".
3. Corrigendum No. 4/2009
Amharic and English version
[Federal Government of Ethiopia Financial Administration Proclamation No.
648/2009]
The statement under Article 60 of the Ethiopian Building Proclamation No. 624/2009
stated as “This Proclamation shall come into force upon the date of its publication in the
Federal Negarit Gazeta” shall be read as “This Proclamation shall come into force after
one year from the date of its publication in the Federal Negrit Gazeta.”
4. Corrigendum No. 4/2009 Amharic and English version
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[Ethiopian Building Proclamation No. 624/2009]
In this Proclamation the statement under Article 60 stated as “ This Proclamation shall
come into force upon the date of its publication in the Federal Negarit Gazeta” shall be
read as “This Proclamation shall come into force after one year from the date of its
publication in the Federal Negrit Gazeta.”
5. Corrigendum No. 5/2009 English version
[Transaction of Precious Minerals Proclamation No.651/2009]
The English version of Article 23 (1) of the Banking Business Proclamation No.
592/2008 which reads in its second line as “…. The international financial statements
standards ….” Is hereby corrected and shall be read as “…international financial
reporting standards..”
6. Corrigendum No. 6/2009 English version
[Transaction of Precious Minerals Proclamation No.651/2009]
The English version of the Micro-Financing Business Proclamation No.626/2009 writes
the number Article “25” two times, accordingly the latter Article “25” is hereby corrected
as Article “26”. Similarly the English version of this same Article 26 in the last paragraph
of its sub article (1) which reads as “Birr 500,000” is hereby corrected and shall be read
as “Birr 50,000
7. Corrigendum no. 1/2001 Amharic and English version (Amharic corrigenda is from
the English corrigenda)
[Ethiopian National Security Council Establishment Proclamation No. 257/2001]
The Fuel price stabilization Fund Establishment Proclamation No. 247/2001 is hereby
corrected as
follows: The word "from" after "working days" in Sub- Article (2) of Article 5 is deleted,
and the phrase' 'of the month next to" is inserted therein.
8. Corrigendum No. 1/2002 Amharic and English version (Amharic corrigenda is from
the English corrigenda)
[National Agricultural Input Authority Establishment Proclamation No. 288/2002]
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The "Five (5) years" after the word "next" in sub-Article (1) of Article 28 of the Income
Tax Proclamation No. 286/2002 shall read "three (3) years."
9. Corrigendum No. 7/2010 Amharic and English version
[Income Tax (Amendment) Proclamation No.693 /2010]
Article 38 of the Definition of Powers and Duties of the Executive Organs of the
Federal Democratic Republic of Ethiopia which reads “This Proclamation shall come
into force a year after its publication in the Federal Negarit Gazeta.” is
hereby corrected and shall be read as “This Proclamation shall come into force on
the date of publication in the Federal Negarit Gazeta.”
Corrigendum to Regulations
Corrigendum No. 1/1999 Amharic and English version
[Electricity operations Council of Ministers Regulations No. 49/1999]
The Customs Tariffs Council of Ministers (Amendment) Regulations of 25 December,
1998 is hereby corrected as follows:
a) the issue number "5thyear No. 27" shall read "5th year No. 51"; and
b) the page numbers "942" and "943" shall read "1025" and "1026" respectively.
Repeal of Corrigendum No. 1/998
Property Mortgaged or Pledged with Banks (Amendment) Proclamation No. 216/2000
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 (1) of Corrigendum
No. 1/998 is hereby deleted and the phrase "or if no buyer appears at the second
auction, to acquire the property at the t100r 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.
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
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have the ownership of the property transferred to it" is added after the word.. "buyer" at
the end of the Article.