28th Year No. 12
Proclamation No. 262 of 1969
CONTENTS
Government Bonds Proclamation
Proclamation No. 263 of 1969
Treasury Bills Proclamation
Legal Notice No. 365 of 1969 Transaction Taxes (Amendment) Regulations
Proclamation No. 262 of 1969
Page 94
Page 96
A Proclamation to Provide for the Issuance of Government Bonds
Page 99 (A)
CONQUERING LION OF THE TRIBE OF JUDAH
HAILE SELASSIE I
ELECT OF GOD, EMPEROR OF ETHIOPIA
WHEREAS, it is Our conviction that the development of a capital market within Our Empire justifies the taking of action to facilitate the issuance of Government Bonds in which savings and capital may be invested with full security;
WHEREAS, the issuance and sale of such Government Bonds would provide Our Government with funds required for the financing of the further development of Our Empire; NOW, THEREFORE, in accordance with Articles 34, 88 and 119 of Our Revised Constitution, We approve the re solutions of Our Chamber of Deputies and Senate and We hereby proclaim as follows:
Bonds Proclamation, 1969. "
2. Our Minister of Finance is authorised to issue Go vernment. Bonds in an amount not to exceed one. hundred million Ethiopian Dollars (E. $ 100,000,000).
3. For the purposes of this Proclamation, Government Bonds are written obligations to pay a fixed sum of money (the " face value "), at a fixed time in the fu ture (the “ date of maturity ”), issued simultaneously
as a series.