OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 3rd Year No. 6 ADDIS ABABA - 28 November , 1996 CONTENTS Council of Ministers Regulations No. 10/1996 Ethiopian Telecommunication Corporation Establish ment Council of Ministers Regulations Page 282 COUNCIL OF MINISTERS REGULATIONS No. 10/1996 COUNCIL OF MINISTERS REGULATIONS TO PROVIDE FOR THE ESTABLISHMENT OF THE ETHIOPIAN TELECOMMUNICATION CORPORATION 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 / 1. Short Title These Regulations may be cited as the “ Ethiopian Telecommunication Corporation Establishment Coun cil of Ministers Regulations No. 10/1996 . ” 2. Establishment 1. The Ethiopian Telecommunication Corporation ( hereinafter “ the Corporation ” ) is hereby es tablished as a public enterprise . 2. The Corporation shall be governed by the public Enterprises Proclamation No.25 / 1992 . Unit Price The African Law Archive - No. 6 28 November 1996 Page 283 3. Supervising Authority A body to be designated by the Government shall be the supervising authority of the Corporation . 4. Head Office The Corporation shall have its head office in Addis Ababa and may have branch offices elsewhere as may be necessary . 5. Purposes The purposes for which the Corporation is established are : 1 ) to engage , in accordance with development policies and priorities of the Government , in the construction , operation , maintenance and expansion of telecom munication services ; 2 ) to provide domestic and international telephone , telex , telefax and other communication services ; 3 ) to provide communication services using integrated information technology , including re - broadcasting of television broadcasts ; 4 ) to repair , assemble and manufacture telecom munication equipment and ancillaries ; 5 ) to render training services to telecommunication per 6 ) to engage in other related activities necessary for the attainment of its purposes . The authorized capital of the Corporation is Birr 1,473,980,578 ( one billion four hundred seventy three million nine hundred eighty thousand and five hundred seventy eight Birr ) of which Birr 480,459,578 ( four hundred eighty million four hundred fifty nine thousand and five hundred seventy eight Birr ) is paid up in cash and in kind . 7. Liability The Corporation shall not be liable beyond its total assets . 8. Duration The Corporation is established for an indefinite duration . The rights and obligations of the former Ethiopian Telecommunication Authority operated under Proclamation No. 131/1952 are hereby transferred to the Corporation . Effective Date These Regulations shall come into force on the date of Done at Addis Ababa , this 28th day of November , 1996 PRIME MINISTER OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA The African Law Archive
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