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Business Mortgage Proclamation
ethiopia, Council of Ministers/trade and industry
1998ethiopiaTrade, Industry and InvestmentOther
The business mortgage proclamation of 1998 specifies that To mortgage a business, the business must be registered and given a business license by the appropriate Federal or Regional authority. The proclamation sets out procedures for keeping a register, application for registration, selling of business mortgage by auction, as well as other miscellaneous provisions.
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