PROCLAMATION NO 151/1999
A PROCLAMATION TO DISSOLVE THE ETHIOPIAN FILM CORPORATION
WHEREAS, it has become necessary to dissolve the Ethiopian Film Corporation established by Proclamation No. 306/1986;
NOW, THEREFORE, in accordance with Article 55(1) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows:
1. Short Title
This Proclamation may be cited as the "Ethiopian Film Corporation dissolution Proclamation No. 151/1999."
1/ The Ethiopian film corporation established by proclamation No. 306/1986 is hereby dissolved.
2/ Articles 41,42,43,44 and 45 of Proclamation No. 25/1992 shall apply with respect to the dissolution of, and auditing of the accounts of the Corporation.
3/ The powers of the supervising Authority specified in the public Enterprises proclamation No. 25/1992 shall be exercised by the Ministry of Information and Culture with respect to the dissolution of, and auditing of the accounts of the Corporation.
3. Repealed Laws
1/ Articles 14,15,16,17,18,19, 20, 21 and 22 of the Ethiopian Film corporation Proclamation No. 306/1986 are hereby deleted.
2/ Articles 23, 24, and 25 of the Proclamation are renumbered as Articles 14,15 and 16, respectively.
4. Effective Date
This Proclamation shall come into force as of the 21st day of January, 1999.
Done at Addis Ababa, this 21st day of January, 1999.
NEGASO GIDADA (DR.)
PRESIDENT OF THE FEDERAL DEMOCRATIC
REPUBLIC OF ETHIOPIA