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Wush Wush Tea Development Enterprise Establishment Council of Ministers Regulations No. 30-1998

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OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 4 Year No. 21 ADDIS ABABA - 20 Feb , 1998 CONTENTS Council of Ministers of Regulations No. 30/1998 Wush Wush Tea Development Enterprise Establish ment Council of Ministers Regulations ... Page 689 COUNCIL OF MINISTERS REGULATIONS No. 30/1998 COUNCIL OF MINISTERS REGULATIONS TO PROVIDE FOR THE ESTABLISHMENT OF THE WUSH WUSH TEA DEVELOPMENT ENTERPRISE These Regulations are issued by the Council of Ministers pursuant to Article 5 of the Definition of Powers and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No. 4/1995 and Article 47 ( 1 ) ( a ) of the Public Enterprises Proclamation No. 25/1992 . 1. Short Title These Regulations may be cited as the " Wush Wush Tea Development Enterprise Establishment Council of Ministers Regulations No. 30/1998 . " 2. Establishment 1 ) There is hereby established the Wush Wush Tea Development Enterprise ( hereinafter the Enterprise ' ) as a public enterprise . Unit Price The African Law Archive * 2 ) The Enterprise shall be governed by the Public Enter 3. Supervising Authority A body to be designated by the Government shall be the supervising authority of the Enterprise . 4. Head Office The Enterprise shall have its head office in Wush Wush and may have branch offices elsewhere , as may be necessary . 5. Purposes The purposes for which the Enterprise is established are : 1 ) to engage in the development of tea plantation ; 2 ) to engage in the preliminary processing of tea ; 3 ) to engage in any other related activities conducive to the attainment of its purposes . 6. Capital The authorized Capital of the Enterprise is Birr 41,506,000 ( forty one million five hundred six thousand Birr ) of which Birr 20,752,586 ( twenty million seven hundred fifty two thousand five hundred eighty six Birr ) is paid up in cash and in kind . alcano wArchiv 7. Liability The Enterprise shall not be held liable byond its total assets . Duration The Enterprise is established for an indefinite duration . 9. Effective Date These Regulations shall enter into force on the date of their Done at Addis Ababa , this 20th day of February , 1998 . PRIME MINISTER OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA The African Law Archive

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