COUNCIL OF MINISTERS REGULATION No. 412/2017

COUNCIL OF MINISTERS REGULATION TO AMEND THE BERHANENA SELAM PRINTING ENTERPRISE ESTABLISHMENT REGULATION

This Regulation is issued by the Council of Ministers pursuant to Article 5 and 30(7) of the Definition of Power and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No.916/2015 (as amended) and Article 21, and 47 (1)(d) of Public Enterprises Proclamation No. 25/1992.

1. Short Title

This Regulation may be cited as the “Berhanena Selam Printing Enterprise Establishment Council of Ministers (Amendment) Regulation No. 412 /2017”.

2. Amendment

The Berhanena Selam Printing Enterprise Establishment Council of Ministers Regulation No. 22/1992 is hereby amended as follows: Article 5 of the Regulation is deleted and replaced by the following new Article 5:

“5. Capital

The Authorized Capital of the Enterprise is Birr 1,528,700,000.00 (One Billion, Five Hundred Twenty Eight Million and Seven Hundred Thousand) of which Birr 382,176,000.00 (Three Hundred Eighty Two Million and One Hundred Seventy Six Thousand) is paid up in cash and in kind.”

3. Effective Date

This Regulation shall enter into force on the date of publication in the Federal Negarit

Done at Addis Ababa this 31^st  day of August 2017

HAILEMARIAM DESSALEGN

PRIME MINISTER OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA