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The Proclamation to Provide for a Warehouse Receipts System No. 372-2003

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OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA
10 Year No.2 ADDIS ABABA - 14h October , 2003
CONTENTS
Proclamation No. 372/2003
The Proclamation to Provide for a Warehouse Receipts System
Page 2407
PROCLAMATION NO.372 / 2003 .
PROCLAMATION TO PROVIDE FOR A
WAREHOUSE RECEIPTS SYSTEM
deliver his products to the warehouseman upon receipt of
constitutes a valid contract between the bailee and the bailor ,
which entitles the latter to transfer his rights over the stored
products to any buyer by simple delivery of the receipt ;
warehouse receipt as collateral ;
NOW , THEREFORE , in accordance with Article 55 ( 1 ) of the
it is hereby proclaimed as follows :
PART ONE General Provisions
1. short Title
This Proclamation may be cited as " The Proclamation to Provide for a Warehouse Receipts System No. 372/2003 . ”
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