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Government Ownership And Control Of The Means Of Production Proclamation No 26/1975

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34th Year No. 22
Addis Ababa, 11th March, 1975
WHEREAS, it is necessary to transfer to government
lopment and are of such a character that they promote an in
Proclamation No. 26 of 1975
CONTENTS
Government Ownership and Control of the Means of Production Proclamation
PROCLAMATION No. 26 OF 1975
A PROCLAMATION TO PROVIDE FOR THE OWNERSHIP AND CONTROL BY THE GOVERNMENT OF THE MEANS OF PRODUCTION
WHEREAS, it is the basic principle of Hibrettesebawinet to eradicate idolatry of personal gain to give primacy to the interests of the community ;
Page 83
WHEREAS, it is the duty of government to ensure, by complete government ownership, that the public interest is pro perly served; and
WHEREAS, it is beneficial that activities in the private sec tor which are not harmful to the interests of society be left in private hands ;
NOW, THEREFORE, in accordance with Article 6 of the
Definition of Powers of the Provisional Administration Council and its Chairman Proclamation, No. 2 of 1974, it is hereby proclaimed as follows:
This Proclamation may be cited as the " Government Ownership and Control of the Means of Production Pro clamation No. 26 of 1975. ”
2.
Activities to be Undertaken Exclusively by the Government 1) The following activities may be undertaken only by the Government:

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