Proclamation No. 665/2010 Ethiopia Commodity Exchange (Amendment) Proclamation | GOALGOOLE | Because you need Information for your goals !
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Proclamation No. 665/2010 Ethiopia Commodity Exchange (Amendment) Proclamation

PROCLAMATION NO, 665/2010
A PROCLAMATION TO AMEND THE ETHIOPIAN
COMMODITY EXCHANGE PROCLAMAITON

WHEREAS, it is found necessary to amend the Ethiopia Commodity Exchange Proclamation No. 550/2007;
NOW, THEREFORE, in accordance with Article 55 sub article (1) of the Constitution of the Federal Democratic Republic of Ethiopia it is hereby proclaimed as follows:
1. Short Title
This Proclamation may be cited as the “Ethiopian Commodity Exchange (Amendment) Proclamation No. 665/2010.”
2. Amendment
Sub-article (2) of Article 31 of the Ethiopian Commodity Exchange Proclamation No. 550/2007 is renumbered as sub-article (3) and the following new sub-article (2) is added:
“Without prejudice to the generality of sub article (1) of this Article, the Council of Ministers may issue regulations to determine conditions allowing the trading of a commodity exclusively at the Ethiopian commodity Exchanges and sanctions applicable with respect to non compliance therewith.”
3. Effective Date
This Proclamation shall enter into force up on the date of publication in the Federal Negarit Gazeta.
Done at Addis Ababa, this 14th day of January, 2010

GIRMA WOLDEGIORGES
PRESIDENT OF THE FEDERAL
DEMOCRATIC REPUBLIC OF ETHIOPIA
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OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA