A PROCLAMATION TO PROVIDE FOR THE DISCLOSURE AND REGISTRATION OF ASSETS PROCLAMATION NO. 668/2010.

PART TWO DISCLOSURE AND REGISTRATION OF ASSETS
4. Obligation to Register
1/ Any appointee, elected person or public servant shall have the obligation to disclose and register:
a)the assets under the ownership or possession of himself and his family; and
b)sources of his income and those of his family.
2/ The appointee, elected person or public servant who registers his assets pursuant to sub-article (1) of this Article shall fill the particulars of his assets and sources of income and those of his family in separate forms designed for such purposes and authenticate the same by his signature.
1/ Notwithstanding the provisions of Article 4 of this Proclamation, the following assets shall be exempted from registration:
a)common property acquired through inheritance and held by the heirs for private use;
b)household goods and personal effects;
c)pension benefits;
2/ Any appointee, elected person or a public servant who has a share in a common property held in accordance with sub-article
(1) (a) of this Article shall disclose his share for registration as soon as the property is liquidated among the heirs.
6. Body in Charge of Registration
1/ The Commission shall register assets of appointee, elected person or public servant.
2/ The Commission may delegate fully or partially as the case may be Ethics Liaison Unit to register assets of appointee, elected person or public servant when it deems it necessary.
3/ Each ethics liaison unit shall send the document of registration of assets submitted to it in accordance with sub-article (2) of Article 4 of this Proclamation to the Commission within 30 days from the date of registration.
4/ The Commission shall be the custodian of documents of registration of assets under this Article, and shall issue certificates of registration to the appointees, elected persons and public servants whose assets have been registered.
7. Time of Registration
1/ Any appointee, elected person or public servant shall disclose and register his assets within six months after the six months from the coming in to force of this Proclamation.
2/ Any newly appointed, elected or employed person shall disclose and register the his assets within 45 days following his appointment, election or employment.
3/ Any appointee, elected person or public servant who has registered his assets in accordance with sub-article (1) or (2) of this Article shall disclose and reregister the same every two years within 30 days from the end of the budget year.
8. Extension of Time of Registration
1/ A person demanding an extension of the time of registration may establish the cause for the extension in writing and submit the same to the Commission or to the relevant ethics liaison unit within five days from the expiry of the time of registration.
2/ The commission or the relevant ethics liaison unit may, upon ascertaining that the application submitted under sub-article (1) of this Article is based on sufficient cause, extend the time of registration only once for up to 30 days.
3/ An applicant whose application for extension of the time of registration is rejected by an ethics liaison unit may apply to the Commission within five days from receipt of the decision of the ethics liaison unit. The decision of the Commission shall be final.
9. Late Registration
If an appointee, elected person or a public servant fails to register his assets within the normal or extended period of registration, he shall pay a fine of Birr 1,000and register his assets within 30 days.
Any appointee, elected person or a public servant who has retired or terminated his service on any ground shall disclose his assets to the Commission or the concerned ethics liaison unit within 30 days from the date of his retirement or termination of service and finally to the commission after two years.

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