WHEREAS, it has become necessary that the mandates of the Board of Trustee for Privatized Public Enterprises should include the taking over of residual assets and liabilities of public enterprises being converted into share companies and the liquidation of public enterprises upon their dissolution;
WHEREAS, it is necessary to establish the Board of Trustee anew so that its designation reflects the scope of its responsibilities, its powers and duties are redefined accordingly;
NOW, THEREFORE, in accordance with Article 55(1) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows:
